cashier's check


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Related to cashier's check: money order

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 ?
A cashier's check is one "issued by a bank, and sold to its customer" to be payable to a third party.
The dishonor of the NSF check, followed shortly after by JWJ's delivery of the replacement cashier's check, changed the nature of the transaction from what was originally intended to be a contemporaneous cash exchange for new value (the NSF Check tendered in exchange for Endo Steel's unconditional release of the bond), to a credit transaction (the NSF check paid by the replacement cashier's check).
He simply was trying to get her to cash a phony cashier's check and send him money.
He pulls out a First Interstate Bank cashier's check for $19,500 and endorses it over to you.
Two weeks later, the "buyer" sent the attorney a cashier's check, drawn on a Canadian bank, for $400,000.
Then the bank delivered the bad news: the cashier's check was a forgery.
A certified or cashier's check is required to bid, with amounts varying per property.
City/Region: People with unpaid Lane County Justice Court fines from between 1995 and 2003 can pay them off with cash, a credit card, a money order or a cashier's check. Fines cannot be paid off with a check.
Internet users will then vote for the winning family, who will receive the house or a $100,000 cashier's check. The catch?
One of those vandals recently sent an anonymous cashier's check for $2,500 to the school, the AP reports.
The terms of the agreement were "c.o.d cashier's check," and the product was delivered by a common carrier.
Since most victims make their investments by personal or cashier's check, the Ponzi artist usually deposits these funds (if only temporarily) into a bank account.