|CheckA check is a written order by an account holder to his bank to pay a certain sum of money to the payee. A check is not legal tender.
Crossed CheckA check that has two lines across it to denote that it must be paid into a bank account.
Cash Check A check that can be redeemed for cash at a bank. The bank generally has to be the account holder's bank.
Bounced Check A check that the bank refuses to pay because of insufficient funds in the customer's account. Also called a bad or dishonored check.
Clearance PeriodThe number of days required to settle a check deposited into an account. Generally 3 to 4 days.
DrawerThe account holder or the person who signs the check.
DraweeThe bank that is going to pay the amount of money specified on the check.
PayeeThe person named to receive the check. 支票账户持有人要求银行支付一定金额给收款人的书面命令。支票不是法定清偿。