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LSDefine

Simple English definitions for legal terms

cheque

Read a random definition: supplemental

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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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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