Cheque
A cheque (or check in American English) is a document that orders a payment of money from a bank account. The person writing the cheque, the drawer, usually has a current account (most English speaking countries) or checking account (US) where their money was previously deposited. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.
Read more about Cheque.
Famous quotes containing the word cheque:
“A cheque or credit card, a Gucci bag strap, anything of value will do. Give as you live.”
—Jesse Jackson (b. 1941)
“Any general statement is like a cheque drawn on a bank. Its value depends on what is there to meet it.”
—Ezra Pound (1885–1972)