cheque

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Related to checkbook: checkbook journalism, Cheque book
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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.
References in periodicals archive ?
Kuwait Finance House (KFH) has announced the launch of a new service to its customers allowing them to request checkbooks through ATMs.
The state uses Cisco software first used when the state posted spending out of its allocations from the federal economic recovery stimulus allocations to Massachusetts and expanded on that to develop the customized open checkbook system, using a team of programming contractors.
Consumers' Checkbook is expected to ask for reconsideration of the decision by the full appeals court.
He describes a kind of checkbook interventionism, wherein Western nations salve their uneasy consciences by throwing a few dollars at dick, well-equipped NGOs.
With sections in both English and Spanish on money, health, school, jobs, and family, the site provides access to some of the social capital that middle-class Americans take for granted: how to balance a checkbook, find a doctor, get a high school equivalency degree, even start a business.
While Calpers doesn't wield the disciplinary lash of the Securities and Exchange Commission or the stock exchanges, it has a very large checkbook and a considerable voice on corporate governance.
I would begin by looking at the balance in my checkbook and ask myself, "Do I have enough in here to pay all my bills?
Replacing the French franc checkbook designs that highlighted either the history of aviation or the work of comic-book artists, La Poste's new euro-denominated checkbooks celebrate hit films from France and other European nations.
This information was used to update a checkbook method of irrigation scheduling and proved to be easy.
When it comes to giving up the old tattered checkbook, consumers are looking for savings as an incentive - and saving time is not enough.
To many, the payment represented the entrance of a big-name, mainstream news organization into the murky waters of checkbook journalism.