In both contexts, initialling serves the purpose of a final check whether the agreement is complete, properly dated and undone from square bracketed texts. Characteristics of cheque the main features or characteristics of cheque can be highlighted as follows. Cheque definition is chiefly british spelling of check. Furthermore, such crossed checks are considered nontransferable, meaning they. A cheque operates as a mandate or authority to the drawees bank to pay the party named as drawer and debit the acc. A crossed check is a check that is crossed with two parallel lines. Search your cheque is in the post and thousands of other words in english definition and synonym dictionary from reverso. He asks a hotelier if he will accept the cheque in payment of a bill for. Initialing definition of initialing by the free dictionary. A cheque book is a book of cheques which your bank gives you so that you can pay for things by cheque.
Cheque book definition and meaning collins english. Social security administration public data, the first name cheque was not present. Your chequing account is then debited for the amount of the cheque and the cheque is said to have cleared. A checkbook is a folder or small book containing preprinted paper instruments issued to checking account holders and used to pay for goods or services. Initial definition is of or relating to the beginning. A cheque is a printed form on which you write an amount of money and who it is to be paid. Cheque book synonyms, cheque book pronunciation, cheque book translation, english dictionary definition of cheque book. A cheque operates as a mandate or authority to the drawees bank to pay the party named as drawer and debit the account of its customer, the drawer. Branch transit numbers are always 5 digits long and financial institution numbers are always 3 digits long.
Definition of chequebook in the financial dictionary by free online english dictionary and encyclopedia. Cheque definition and meaning collins english dictionary. Typically, it happens that annexes with technical spec sheets, the general terms and conditions or even the list prices have not yet been attached. The overdraft is granted on the basis of cheques deposited by you in the account which are pending for realisation and hence clear funds are not available to you for ut. Avoid holding excess stock and shred any obsolete stock. An unconditional order the drawer or the depositor should not lay down any condition in the cheque.
I was not carrying cash, so i wrote a cheque for the amount. Cheque definition in the cambridge english dictionary. The person writing the cheque, known as the drawer, has a transaction banking account often called a current, cheque, chequing or checking account where their. If the bank refuses to honor a staledated check even after you correct the date. Master circular on customer service in banks notifications. The bank on which the cheque is drawn or who is directed to pay the specified sum written on the cheque payee. Cheque meaning in the cambridge english dictionary.
In the former case, the drawer of a cheque creates a written instruction to his bank or building society to transfer funds to some other persons or companys bank or building society account the payee. Broadly, a customer can be defined as a user or a potential user of bank services. A cheque book is a book of cheques which your bank gives you so that you can pay for. Could someone who is in possession of a cheque cancel the crossing, change the recipients name and initial the cheque in order to pay it into an account its. He cashed a cheque at the bank, bought a registered envelope, and sent a fat wad of notes to alec loding. Chequebook definition is chiefly british spelling of checkbook.
Meaning and characteristics of cheque accountingmanagement. Wikipedia, lexilogos, oxford, cambridge, chambers harrap, wordreference, collins lexibase dictionaries, merriam webster. Your bank then pays the money to that person from your account. Cheque purchase is a temporary overdraft granted to your account by your bank. The cheques may be personalized or nonpersonalized. The checkbook bears the name of its owner, the number of the bank. Chequebook definition in the cambridge english dictionary. Check a document in which the writer orders hisher bank to pay to the receiver of the check a stated amount of money.
Chequebook definition of chequebook by merriamwebster. The person writing the cheque, known as the drawer, has a transaction banking account often called a current, cheque, chequing or. Please keep in mind that anyone from a former british territory may also spell check this way. Chequebook definition and meaning collins english dictionary. Take care to check against the possibility of individual cheques being removed from the middle of cheque books or from runs of computer cheque. In australia and new zealand, it refers to your wages.
Checkbook definition is a book containing blank checks to be drawn on a bank. A cheque is a printed form on which you write an amount of money and who it is to be paid to. Checkbook definition of checkbook by merriamwebster. Banking, by definition, means acceptance of deposits of money from the. The check is intended for prompt presentation, rather than for use as a continuing currency. Basic savings bank deposit account reserve bank of india. A cheque is a written order directing a bank to pay out money, and its exactly the same thing as a check, but with more exciting letters. Chequebook definition at, a free online dictionary with. Australia, canada, india, new zealand, britain a draft directing a bank to pay money to a named person or entity. Chequebook meaning in the cambridge english dictionary. Nouns denoting possession and transfer of possession.
Cheque article about cheque by the free dictionary. Common crawl personal cheque is a document, by which a person the drawer gives order to a bank the drawee to pay in favour of a third person the beneficiary. Clearly, the absence of cheque guarantee cards limited the value of the cheque book facility. The french spelling had some use in the united states centuries ago, but now check is standard. A booklet of blank checks which enable a bank account holder to draw money from hisher checking account deposits.
To correct dates on checks you write less frequently, especially staledated checks that make it appear you wrote the check more than 180 days in the past, strike through the entire date with a single line, write the correct date above it and initial the change. Leave your cheque book and credit cards at home unless you know you will need them. For ordinary course agreements, initialling the pages serves an additional purpose. A large, often highly decorated letter set at the beginning of a chapter, verse, or paragraph. Cheque book definition of cheque book by the free dictionary.
Information and translations of chequebook in the most comprehensive dictionary definitions resource on the web. Use the force to ace this quiz on the words of the day from may 4 to may 10. Initialling definition of initialling by the free dictionary. It is possible the name you are searching has less than five occurrences per year. If you are american, you probably call this a check. In the ussr, checkbooks are made by banks and issued by the credit institutions in which the check writer whether an organization or an individual citizen has an account. If someone buys from the bookjacker, he buys the book from the original seller and provides him with the address of the customer. Gigafren handling multiple cheques deposited to a commercial account would require extensive and costly manual handling, including reconciliation of deposits to keyedin. If the cheque was issued by the same financial institution, as was the case here, the bank can check the account of the issuer to determine if there is a stoppayment order.
You can complete the definition of your cheque is in the post given by the english definition dictionary with other english dictionaries. Personalized cheque definition canadian mortgage, insurance. A cheque british english or check american english, thought to have developed from persian chek, is a negotiable instrument instructing a financial institution to pay a specific amount of a specific currency from a specific demand account held in the makerdepositors name with that institution. The american expression is stop payment on a check. Drawn upon a specified banker the drawer issues cheque directing to a particular bank having deposit in it to pay the amount of cheque. A player in chess limits his opponents ability to move when he places his opponents king in check.
What is the definition of basic savings bank deposit account bsbda. Checkbook an assembled booklet of checks, which may be used in exchange for money or in settlement of an account. To mark or sign with initials, especially for purposes of authorization or approval. A cheque is a document used by an account holder to pay out funds from her account. Never leave cheques unattended, signed or unsigned. Cheque book definition and meaning collins english dictionary.
Chequebook definition at, a free online dictionary with pronunciation, synonyms and translation. The branch transit number, financial institution number, and bank account number are located at the bottom edge of your cheque. When the check is presented, the drawee pays the designated sum to the holder and cancels the check, which is then returned to the drawer as his receipt. Chequebook article about chequebook by the free dictionary. Free thesaurus definition of cheques and using cheques from the macmillan english dictionary. A folder or small book containing preprinted paper instruments issued to checking account holders and used to pay for goods or services. Branch transit number, financial institution number, and.
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