cheque

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cheque

a BILL OF EXCHANGE drawn on a banker, payable on demand. A cheque operates as a mandate or authority to the drawee's bank to pay the party named as drawer and debit the account of its customer, the drawer. Cheques are essentially negotiable instruments and may be negotiated by indorsement. The Bills of Exchange Act 1882, however, provides that a cheque may be crossed. In this case the cheque should be presented for payment by a bank (rather than the person named as drawee). If accompanied by the words ‘not negotiable’, this has the effect that the cheque cannot be negotiated, and the words ‘account payee’ or ‘account payee only’ mean that the cheque cannot be passed on to another.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
Amal Mobada, Fundraising Sector Director, at Misr El Kheir Foundation, explained in an interview with Daily News Egypt that the organisation targets to distribute 2,000 "Sakk" more than the last year to reach 30,000 Sakk, declaring that the price of the Sakk this year is EGP 3,300 for the purchase of 27 kilos which represents a seventh of the sacrifice.
Comparison of allo-SCT and drug therapy was done in only three prospective studies: German CML Group and SAKK who had different conclusions [27, 28, 29].
According to Islamic Financial Services Board (IFSB) "Sukuk (plural of sakk), frequently referred to as "Islamic bonds," are certificates with each sakk representing a proportional undivided ownership right in tangible assets, or a pool of predominantly tangible assets, or a business venture.
Un sakk (singulier de sukuk) correspond a un projet determine.
Nolde inkrimineeris "kubermangu impeeriumist eraldamise ([TEXT NOT REPRODUCIBLE IN ASCII])" revolutsioonilise liikumise peameestele ([TEXT NOT REPRODUCIBLE IN ASCII]), kelleks ta pidas Tallinna linnavalitsuse tegelasi (Mihkel Pung, Konstantin Pats, Jaan Teemant, Otto Strandmann, Mihkel Martna, Vodemar Sakk, Voldemar Klement, Jaan Rabisson, Voldemar Lender jmt).
Cagamas' first issuance under the new aforesaid programmes to the Sukuk holders will be known as Sukuk al-Amanah Li al-Istithmar or Sukuk ALIm, where each Sakk represents the proportionate right to the undivided interest in the Sukuk Trust.
Swiss Group for Clinical Cancer Research (SAKK) and the International Breast Cancer Study Group (IBCSG).