Cheque
From The Art and Popular Culture Encyclopedia
|
Related e |
|
Featured: |
A cheque (or check in American English) is a document that orders a payment of money from a bank account. The person writing the cheque, the drawer, has a transaction banking account (often called a current, cheque, chequing or checking account) where their money is held. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.
[edit]
See also
- Allonge - slip of paper attached to a cheque used to endorse it when there is not enough space.
- Blank cheque - cheque where amount has been left blank, figuratively a vague or open ended amount.
- Certified check - guaranteed by a bank.
- E-check - electronic fund transfer.
- Hundi - historic Indian cheque like instrument.
- Labour cheque - political concept to distribute goods in exchange for work.
- Negotiable cow - urban legend where a cow was used as a cheque.
- Remote deposit - scanning of cheques and transmitting to the bank electronically.
- Substitute check - the act of scanning paper cheques and turning them into electronic payments.
- Traveler's cheque - a pre-paid cheque that could be used to make payments in stores.
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Cheque" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
