cheque

A preprinted form on which instructions are given to an account provider (a bank or building society) to pay a stated sum to a named recipient. It is a common form of payment of debts of all kinds ( current account).
In a crossed cheque two parallel lines across the face of the cheque indicate that it must be paid into a bank account and not cashed over the counter (a general crossing). A special crossing may be used in order to further restrict the negotiability of the cheque, for example by adding the name of the payee's bank. Under the Cheques Act (1992) legal force is given to the words account payee only on cheques, making them non-transferable and thus preventing fraudulent conversion of cheques intercepted by a third party. An open cheque is an uncrossed cheque that can be cashed at the bank of origin. An order cheque is one made payable to a named recipient ‘or order’, enabling the payee to either deposit it in an account or endorse it to a third party, i.e. transfer the rights to the cheque by signing it on the reverse. In a blank cheque the amount is not stated; it is often used if the exact debt is not known and the payee is left to complete it. However, the drawer may impose a maximum by writing ‘under £…’ on the cheque. A rubber cheque is one that is ‘bounced’ back to the drawer because of insufficient funds in the writer's account. In the USA the word is spelled check.

Accounting dictionary. 2014.

Look at other dictionaries:

  • chèque — [ ʃɛk ] n. m. • 1861; check 1788; angl. check, de to check « contrôler » ♦ Écrit par lequel une personne (⇒ tireur) donne l ordre à un établissement bancaire (⇒ tiré) de remettre ou de payer à vue, soit à son profit, soit au profit d un tiers,… …   Encyclopédie Universelle

  • Cheque — Chèque Cet article possède un paronyme, voir : Cheïkh …   Wikipédia en Français

  • cheque — [tʆek] , check noun [countable] BANKING 1. a printed form that you use to pay for something instead of using money. You write on it the amount in words and numbers, the date, the person being paid, and sign your name: • a cheque for £200 …   Financial and business terms

  • Cheque — Cheque. Un cheque (anglicismo de cheque o check) es un documento contable de valor en el que la persona que es autorizada para extraer dinero de una cuenta (por ejemplo, el titular), extiende a otra persona una autorización para retirar una… …   Wikipedia Español

  • cheque — s. m. 1. Documento que representa uma ordem de pagamento à vista sobre casa onde se tem valores. 2. Documento que representa determinado valor monetário. 3. Documento que confere vantagem ou desconto a quem o possui ou apresenta. 4. cheque avulso …   Dicionário da Língua Portuguesa

  • cheque — (Del ingl. cheque). 1. m. Mandato escrito de pago, para cobrar una cantidad determinada de los fondos que quien lo expide tiene disponibles en un banco. 2. f. Col.), Cuba y Hond. Válvula que permite el paso del líquido en una sola dirección.… …   Diccionario de la lengua española

  • cheque — S2 BrE check AmE [tʃek] n [Date: 1700 1800; Origin: check, influenced by exchequer] a printed piece of paper that you write an amount of money on, sign, and use instead of money to pay for things cheque for ▪ They sent me a cheque for £100. by… …   Dictionary of contemporary English

  • cheque — index coupon Burton s Legal Thesaurus. William C. Burton. 2006 cheque …   Law dictionary

  • cheque — sustantivo masculino 1. Documento financiero por el que una persona puede retirar una cantidad de dinero de la cuenta bancaria o fondos del firmante. libreta* de cheques. Frases y locuciones 1. cruzar un cheque Trazar (una persona) dos rayas… …   Diccionario Salamanca de la Lengua Española

  • Cheque — (ch[e^]k), n. See {Check}. [1913 Webster] …   The Collaborative International Dictionary of English

  • chèque — /ʃɛk/ s.m., fr. [dall ingl. check, propr. controllo, scontrino di controllo ], in ital. invar. (banc.) [titolo di credito trasferibile mediante girata] ▶◀ assegno (bancario). ⇓ traveller s cheque …   Enciclopedia Italiana

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