payee of check

См. также в других словарях:

• payee only check — check that cannot be transferred to someone else …   English contemporary 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

• payee — pay·ee /ˌpā ē/ n: a person to whom money is to be or has been paid; specif: the person named in a bill of exchange, note, or check as the one to whom the amount is directed to be paid compare drawee, drawer Merriam Webster’s Dictionary of Law.… …   Law dictionary

• Check kiting — is the illegal act of taking advantage of the float to make use of non existent funds in a checking or other bank account; it is a form of check fraud. It is commonly defined as intentionally writing a check for a value greater than the account… …   Wikipedia

• check — verb To control or restrain; to hold within bounds. To verify or audit, as to examine the books and records of another or a business for accuracy and proper accounting practices. Particularly used with reference to the control or supervision of… …   Black's law dictionary

• check — verb To control or restrain; to hold within bounds. To verify or audit, as to examine the books and records of another or a business for accuracy and proper accounting practices. Particularly used with reference to the control or supervision of… …   Black's law dictionary

• check — check1 checkless, adj. /chek/, v., n., pl. checks or, for 45, chex, adj., interj. v.t. 1. to stop or arrest the motion of suddenly or forcibly: He checked the horse at the edge of the cliff. 2. to restrain; hold in restraint or control: They… …   Universalium

• check —    The most familiar bill of exchange. A draft on a particular account in a bank in which the drawer or maker (i.e., the person who has the account and signs the check) directs the bank to pay a certain amount to a recipient, the payee. Funds are …   Business law dictionary

• Payee — The party in an exchange who receives payment. A payee is paid in cash, check or other transfer medium by a payer, with the payer receiving a good or service in return. The name of the payee is included in the bill of exchange. In the case of a… …   Investment dictionary

• payee — The person in whose favor a bill of exchange, promissory note, or check is made or drawn; the person to whom or to whose order a bill, note, or check is made payable; the person to whom an instrument is payable upon issuance. The entity to whom a …   Black's law dictionary

• check — An order directed to a bank in writing for the payment of money to a person named in the instrument. Brown v Eastman Nat. Bank (Okla) 291 P2d 828, 55 ALR2d 971; a draft drawn on a bank and payable on demand. UCC § 3 104(2)(b); 10 Am J2d Banks §… …   Ballentine's law dictionary