Difference between revisions of "Check (finances)"
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A '''check''' is a slip of paper that requires a bank to pay a person a specifically allotted amount of money from another person's [[checking account]]. The institution is required to pay the person that specific amount of money in a specific currency. An alternative to paper checks is a [[debit card]]. | A '''check''' is a slip of paper that requires a bank to pay a person a specifically allotted amount of money from another person's [[checking account]]. The institution is required to pay the person that specific amount of money in a specific currency. An alternative to paper checks is a [[debit card]]. | ||
Revision as of 17:13, June 13, 2016
- It has been proposed that this page, :Check (finances), be titled, "Check (finances)".
A check is a slip of paper that requires a bank to pay a person a specifically allotted amount of money from another person's checking account. The institution is required to pay the person that specific amount of money in a specific currency. An alternative to paper checks is a debit card.