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LSDefine

Simple English definitions for legal terms

cheque

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A quick definition of cheque:

A cheque is a piece of paper that you can use to pay for things. It's like a promise to give someone money. When you write a cheque, you're telling your bank to give the person or company you're paying the amount of money you wrote on the cheque. There are different types of cheques, like personal cheques that you write from your own bank account, and cashier's cheques that the bank writes for you. If you write a cheque and there isn't enough money in your bank account, it's called a bad cheque and the person you wrote it to won't get paid.

A more thorough explanation:

A cheque is a written order to a bank to pay a certain amount of money to the person or organization named on the cheque. It is a type of financial instrument that is used to transfer money from one person or organization to another.

  • Bad check: A check that is not honored because the account either contains insufficient funds or does not exist.
  • Canceled check: A check bearing a notation that it has been paid by the bank on which it was drawn.
  • Cashier's check: A check drawn by a bank on itself, payable to another person, and evidencing the payee's authorization to receive from the bank the amount of money represented by the check.
  • Personal check: A check drawn on a person's own account.
  • Traveler's check: A cashier's check that must be signed by the purchaser at the time of purchase and countersigned when cashed.

These examples illustrate the different types of cheques that exist and how they are used. For instance, a bad check is a cheque that bounces because there is not enough money in the account to cover it. A canceled check is a cheque that has already been paid by the bank. A cashier's check is a cheque that is drawn by a bank on itself and is used to transfer large sums of money. A personal check is a cheque that is drawn on a person's own account and is used for everyday transactions. A traveler's check is a cheque that is used by people who are traveling and need a safe and convenient way to carry money.

chefe | cherry-stem annexation

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General chat about the legal profession.
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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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