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LSDefine

Simple English definitions for legal terms

cashier's check

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A quick definition of cashier's check:

A cashier's check is a special type of check that a bank creates and guarantees. When someone buys a cashier's check, they give the bank the money for the check plus a fee. The bank then creates a check for that amount, made out to the person or organization the buyer wants to pay. The bank guarantees that the check will be good, so the person or organization can be sure they will get the money.

A more thorough explanation:

A cashier’s check is a type of check that is guaranteed by the bank that issues it. It is a secure way to make large payments because the bank verifies that the funds are available before issuing the check.

The bank draws the check on itself, meaning that the bank is both the drawer and the drawee. The bank is responsible for paying the amount of the check to the person or organization named as the payee.

John wants to buy a car from Sarah, but the car costs $10,000, which is too much to pay in cash. Instead, John goes to his bank and requests a cashier’s check for $10,000 made out to Sarah. The bank verifies that John has enough money in his account to cover the check and issues the cashier’s check to him. John gives the check to Sarah, who can be confident that the check will clear because it is guaranteed by the bank.

Another example is when a person needs to make a down payment on a house. The seller may require a cashier’s check to ensure that the funds are available and the payment is secure.

These examples illustrate how a cashier’s check is a secure way to make large payments because the bank verifies that the funds are available before issuing the check.

cash surrender value | castle doctrine

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18:13
jk that is nice
babycat
18:14
@EvolBunny: I love fluoride 😍😍😍
18:14
omg me too
BulbasaurNoLikeCardio
18:15
@EvolBunny: I am fine with them making their cut and all that but I bought it with an adjustable gas block, new LVPO and foregrip so I just have a bunch of parts and ammo with no way to shoot it
@BulbasaurNoLikeCardio: i mean getting paid for their incompetence is based
18:15
they think you are going to attack dj trump
BulbasaurNoLikeCardio
18:18
@BulbasaurNoLikeCardio: they blaimed it on their IT team for not updating it as out of stock when I paid but like buying something in stock in September then being told I won't get it until mid January is pretty wild. I do not hunt anymore but their mistake would of caused me to miss the entire season. If it wasn't so hard to get left handed ARs I would of gone elsewhere
oh that's kind of worth more than $140
that's at least $300
18:19
@BulbasaurNoLikeCardio: what you gonna do when january hits and they are like "it still isnt here come back in april"
BulbasaurNoLikeCardio
18:20
Its a $600 part, they already covering shipping and paying the tax so $140 is an additional 25% off.
BulbasaurNoLikeCardio
18:20
If it doesn't come January I am going to just say fuck it and toss everything on the right handed upper and just eat gas.
18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
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