check


check
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 one department, bureau, office, or person over another
noun
A draft drawn upon a bank and payable on demand, signed by the maker or drawer, containing an unconditional promise to pay a sum certain in money to the order of the payee. State v. Perrigoue, 81 Wash.2d 640, 503 P.2d 1063, 1066. U.C.C. No. 3-104(2)(b).
The Federal Reserve Board defines a check as "a draft or order upon a bank or banking house purporting to be drawn upon a deposit of funds for the payment at all events of a certain sum of money to a certain person therein named or to him or his order or to bearer and payable instantly on demand." It must contain the phrase "pay to the order of."
See also bad check
- cashier's check
- raised check
@ blank check
Check which is signed by drawer but left blank as to payee and/or amount
@ cashier's check
A bank's own check drawn on itself and signed by the cashier or other authorized official. It is a direct obligation of the bank. One issued by an authorized officer of a bank directed to another person, evidencing that the payee is authorized to demand and receive upon presentation from the bank the amount of money represented by the check. A form of a check by which the bank lends its credit to the purchaser of the check, the purpose being to make it available for immediate use in banking circles. A bill of exchange drawn by a bank upon itself, and accepted by the act of issuance. In its legal effect, it is the same as a certificate of deposit, certified check or draft. An acknowledgment of a debt drawn by bank upon itself.
+
A check drawn by the bank upon itself and issued by an authorized officer of a bank, directed to another person evidencing fact that payee is authorized to demand and receive from the bank, upon presentation, the amount of money represented by the check. National Newark and Essex Bank v. Giordano, 111 NJ.Super. 347, 268 A.2d 327, 328.
See also check
@ memorandum check
A check given by a borrower to a lender, for the amount of a short loan, with the understanding that it is not to be presented at the bank, but will be redeemed by the maker himself when the loan falls due. This understanding is evidenced by writing the word "Mem." on the check.
@ personal check
An individual's own check drawn on his own account.
@ post-dated check
A check which bears a date after the date of its issue. Its negotiability is not affected by being postdated and it is payable on its stated date. U.C.C. No. 3-114.
+ post-dated check
A check issued before the stated date of the instrument. One delivered prior to its date, generally payable at sight or on presentation on or after day of its date.
@

Black's law dictionary. . 1990.

Synonyms:

Look at other dictionaries:

  • check — check …   Dictionnaire des rimes

  • Check-in — Check in …   Deutsch Wörterbuch

  • check — 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 …   Law dictionary

  • Check-In — am Flughafen Vancouver Der Check in ist der Abfertigungsvorgang für Reisende zur Feststellung der Anwesenheit und zur Feststellung der mitgeführten Gepäckmenge. Inhaltsverzeichnis 1 Flugreisen …   Deutsch Wikipedia

  • Check in — am Flughafen Vancouver Der Check in ist der Abfertigungsvorgang für Reisende zur Feststellung der Anwesenheit und zur Feststellung der mitgeführten Gepäckmenge. Inhaltsverzeichnis 1 Flugreisen …   Deutsch Wikipedia

  • Check on It — «Check On It» Сингл Бейонсе при участии Slim Thug из альбома #1 s …   Википедия

  • Check on It — Single por Beyoncé con Slim Thug del álbum #1 s, algunas ediciones de B Day Lanzado Diciembre, 2005 …   Wikipedia Español

  • Check — (ch[e^]k), n. [OE. chek, OF. eschec, F. [ e]chec, a stop, hindrance, orig. check in the game of chess, pl. [ e]checs chess, through Ar., fr. Pers. sh[=a]h king. See {Shah}, and cf. {Checkmate}, {Chess}, {Checker}.] 1. (Chess) A word of warning… …   The Collaborative International Dictionary of English

  • check-up — [ (t)ʃɛkɶp ] n. m. inv. • v. 1960; mot angl. « vérification complète », de to check « vérifier » ♦ Anglic. Examen systématique de l état de santé d une personne (équiv. fr. : bilan de santé). Examen d une situation pour en tirer un bilan. ⇒ audit …   Encyclopédie Universelle

  • check — [chek] n. [ME chek < OFr eschec, eschac, a check at chess, repulse < ML scaccus, scahus < Pers šāh, king, principal piece in a game of chess (see SHAH1); prob. sense development: king in danger hostile action restraining action means of… …   English World dictionary

  • Check — Check, v. t. [imp. & p. p. {Checked} (ch[e^]kt); p. pr. & vb. n. {checking}.] 1. (Chess) To make a move which puts an adversary s piece, esp. his king, in check; to put in check. [1913 Webster] 2. To put a sudden restraint upon; to stop… …   The Collaborative International Dictionary of English