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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.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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