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   Also found in: Dictionary/thesaurus, Legal, Financial, Idioms, Encyclopedia, Wikipedia 0.11 sec.

check

An order written by the drawer to a commercial or central bank to pay a specific sum on demand.

Usually the check should bear the date on which it is payable, a definite sum of money to be paid, written in words and figures, to a named person or body, or to the bearer, and be signed by the drawer. It is then payable on presentation at the bank on which it is drawn. In the US checks are widely negotiable for retail purchases and other financial transactions.


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One reason for the difference is that some households write checks on accounts at more than one institution.
The SecureCheck-PRO system operates by auditing check data and then merging this data with a check outline at the printer to create complete checks on blank stock.
They can now easily and securely write checks on multiple bank accounts using blank check forms.
 
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