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A cheque is an instrument with an unconditional order in writing, addressed to the bank to pay a specific sum of money to the bearer or to the person or entity named as the payee. A cheque can be issued for a current account or a savings account and can be used to deposit or pay money to other people through the bank account.
Definition: Cheque refers to a negotiable instrument that contains an unconditional order to the bank to pay a certain sum mentioned in the instrument, from the drawer’s account, to the person to whom it is issued, or to the order of the specified person or the bearer.
Jun 24, 2024 · A cheque is a written, dated and signed instrument that directs a bank to pay a specific amount of money to the bearer or named recipient. It is used for various transactions, such as paying bills, transferring funds, and withdrawing cash from your account. Types of cheques. 1. Bearer cheque.
A cheque is a bill of exchange in which one party orders the bank to transfer the money to the bank account of another party. It is a negotiable instrument that is covered under the Negotiable Instruments Act, 1881.
CHEQUE definition: 1. a printed form, used instead of money, to make payments from your bank account: 2. UK spelling…. Learn more.
Cheque definition: a bill of exchange drawn on a bank by the holder of a current account; payable into a bank account, if crossed, or on demand, if uncrossed. See examples of CHEQUE used in a sentence.
write (sb) a cheque (for sth) I wrote him a cheque for £50. make out a cheque to sb Who should I make out this cheque to? Please make your cheque payable to S Jones.
A cheque is a printed form on which you write an amount of money and who it is to be paid to. Your bank then pays the money to that person from your account. He wrote them a cheque for £10,000. [ + for] I'd like to pay by cheque. 2. See also blank cheque, traveller's cheque. Collins COBUILD Advanced Learner’s Dictionary.
A cheque is a written order directing a bank to pay out money, and it's exactly the same thing as a check, but with more exciting letters.
Definition of cheque noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
