cheque

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Related to checkbook: checkbook journalism, Cheque book

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

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References in periodicals archive ?

According to a statement from Georgia Insurance Commissioner Jim Beck, Open Checkbook includes details of how the agency's approximately $21 million budget is spent so taxpayers can see where their money goes.

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Checkbook NYC users can use these dashboards to follow the life of a contract from master agreements through modifications and payments, seeing how contracts change over time.

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But Checkbook provides complete transparency and guidance about how to assess those ratings compared with companies with more users.

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Some would like to see the open checkbook extended to local governments, but that doesn't look like it will happen anytime soon.

Arkansas' open checkbook receives glowing review

The new service offers a range of features most notably are saving time and efforts for the customers as well as giving them the opportunity to use the advanced electronic services, where customer can submit a request to issue a checkbook from any KFH's ATM at any time throughout the week.

Kuwait Finance House allows customers to request cheque books via ATMs

At the time of the Gulf War, the administration of then Prime Minister Toshiki Kaifu decided not to send SDF officers to the region and instead provided only economic aid, drawing international criticism for Japan's checkbook diplomacy.

Japanese editorial excerpts

AARP was among the groups that did the same for Consumers' Checkbook.

Release of medicare claims data faces legal showdown

With ''China-friendly'' Ma in office, however, Beijing appears to have backed off checkbook diplomacy amid warming bilateral ties.

Taiwan to allow diplomats to mingle with China envoys: reports

The fact is, it's easy to look appealing to a candidate while on a private jet, smiling over a filet with an open checkbook.

SPORTS MAIL

Here are a few tips to help you lower your tax bill while you keep your portfolio and checkbook intact:

Year-end tax tips: as 2006 winds down, here's how to best minimize next year's tax jolt

They also claimed that, under Indiana law, intent governed whether a debtor-creditor relationship existed, and that board of directors' minutes, promissory notes and accounting entries, along with the "incorporated checkbook" concept, as discussed in Yates and Culnen, provided evidence that this was their intent.

When payments to an S corporation don't create basis

If big gestures are more your style, get out your checkbook and spend a paltry $25 to join the struggling Lambda Literary Foundation--sponsor of the Lammy awards--the only organization dedicated to increasing the visibility of LGBT writers.