cashier's check

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cashier's check

n. a check issued by a bank on its own account for the amount paid to the bank by the purchaser with a named payee, and stating the name of the party purchasing the check (the remitter). The check is received as cash since it is guaranteed by the bank and does not depend on the account of a private individual or business. Cashiers' checks are commonly used when payment must be credited immediately upon receipt for business, real estate transfers, tax payments and the like.

References in periodicals archive ?
Investigators who searched Cousine's police locker, car and Dana Point home in March reported seizing documents on the investment scheme, including cashier check receipts and brochures.
Telephone orders are payable by cashier check, money order or credit card only.
Typically, a single kiosk will handle 3,500 to 4,000 transactions per month and offers services including check deposits, withdrawals, cashier check issuance and loan application processing.