canceled check

canceled check
n.
A check that has been paid and charged to the person who wrote it, and is marked in some way to indicate that fact.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • Canceled Check — A check that has cleared the depositor s account and has been marked as canceled by the bank. A canceled check has been paid by the drawee bank and endorsed by the payee, the payee s bank, and the Federal Reserve Bank. Canceled checks can also be …   Investment dictionary

  • canceled check — a check that has been redeemed by a bank and then usually returned to the issuer. * * * …   Universalium

  • canceled check — a check that has been redeemed by a bank and then usually returned to the issuer …   Useful english dictionary

  • check — n 1: something that limits or restrains see also checks and balances 2: a written order signed by its maker directing a bank to pay a specified sum to a named person or to that person s order on demand see also negotiable instrument compa …   Law dictionary

  • check truncation — A process whereby deposited checks are retained by the fist bank (payee s bank) with notification sent to the local bank (payor s bank) that the check has been deposited. Canceled checks are not returned to the maker. Sometimes called check… …   Financial and business terms

  • rain check — noun 1. a promise that an unaccepted offer will be renewed in the future • Hypernyms: ↑promise 2. a ticket stub entitling the holder to admission to a future event if the scheduled event was cancelled due to rain • Hypernyms: ↑stub, ↑ticket stub… …   Useful english dictionary

  • Traveler's Check — A medium of exchange that can be used in place of hard currency. Travelers checks are often used by individuals who are traveling on vacation to foreign countries. The checks were first introduced by American Express back in 1891. Travelers… …   Investment dictionary

  • give a rain check — Digest 16/2002 (smb) to accept a different time for an appointment from the original one; to request that an appointment be rescheduled Thanks for asking me to have lunch with you today. Unfortunately, I m busy. Can I take a rain check? I m free… …   Idioms and examples

  • take a rain check — Digest 16/2002 (smb) to accept a different time for an appointment from the original one; to request that an appointment be rescheduled Thanks for asking me to have lunch with you today. Unfortunately, I m busy. Can I take a rain check? I m free… …   Idioms and examples

  • rain check — {n.} 1. A special free ticket to another game or show which will be given in place of one canceled because of rain. * /When the drizzle turned into a heavy rain the manager announced that the baseball game would be replayed the next day. He told… …   Dictionary of American idioms

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