Cheque

A cheque (CwE) or check (AmE), thought to have developed from Persian چك chek, is a negotiable instrument instructing a financial institution to pay a specific amount of a specific currency from a specific demand account held in the maker/depositor's name with that institution. Both the maker and payee may be natural persons or legal entities.

Related Topics:
CwE - AmE - Persian - Negotiable instrument - Financial institution - Currency - Demand account - Natural person - Legal entities

~ ~ ~ ~ ~ ~ ~ ~ ~ ~