- cashier's check
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ca·shier's check see check
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- cashier's check
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A check issued by a bank on its own account, not on a depositor's account. The bank receives money from the purchaser in the amount of the cashier's check, then issues the check and guarantees its payment.Category: Bankruptcy, Foreclosure & DebtCategory: Personal Finance & Retirement
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- cashier's check
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n.a check issued by a bank on its own account for the amount paid to the bank by the purchaser with a named payee, and stating the name of the party purchasing the check (the remitter). The check is received as cash since it is guaranteed by the bank and does not depend on the account of a private individual or business. Cashiers' checks are commonly used when payment must be credited immediately upon receipt for business, real estate transfers, tax payments and the like.
Law dictionary. EdwART. 2013.