account payee check
1Check kiting — is the illegal act of taking advantage of the float to make use of non existent funds in a checking or other bank account; it is a form of check fraud. It is commonly defined as intentionally writing a check for a value greater than the account… …
2check — n 1: something that limits or restrains see also checks and balances 2: a written order signed by its maker directing a bank to pay a specified sum to a named person or to that person s order on demand see also negotiable instrument compa …
3check — verb To control or restrain; to hold within bounds. To verify or audit, as to examine the books and records of another or a business for accuracy and proper accounting practices. Particularly used with reference to the control or supervision of… …
4check — verb To control or restrain; to hold within bounds. To verify or audit, as to examine the books and records of another or a business for accuracy and proper accounting practices. Particularly used with reference to the control or supervision of… …
5check — The most familiar bill of exchange. A draft on a particular account in a bank in which the drawer or maker (i.e., the person who has the account and signs the check) directs the bank to pay a certain amount to a recipient, the payee. Funds are …
6check — An order directed to a bank in writing for the payment of money to a person named in the instrument. Brown v Eastman Nat. Bank (Okla) 291 P2d 828, 55 ALR2d 971; a draft drawn on a bank and payable on demand. UCC § 3 104(2)(b); 10 Am J2d Banks §… …
7certified check — see check Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. certified check n …
8Canceled Check — A check that has cleared the depositor s account and has been marked as canceled by the bank. A canceled check has been paid by the drawee bank and endorsed by the payee, the payee s bank, and the Federal Reserve Bank. Canceled checks can also be …
9payment of check — The act of the drawee bank in handing over money, in the amount in which the check is drawn, to the payee or indorsee, or in giving the payee or indorsee something in lieu of cash, often a credit in his account at the bank in the amount of the… …
10cashier's check — ca·shier s check see check Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. cashier s check …
