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LSDefine

Simple English definitions for legal terms

cheque

Read a random definition: Weight of the evidence

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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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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