Tag: Bank
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Drawee
Drawee in United States Drawee Definition A person to whom a bill of exchange is addressed, and who is requested to pay the amount of money therein mentioned. See Bill of Exchange. Drawee in Foreign Legal Encyclopedias LinkDescription Drawee, Drawee in the World Legal Encyclopedia., […]
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Drawer
Drawer in United States Drawer Definition The party who makes a bill of exchange. Drawer in Foreign Legal Encyclopedias LinkDescription Drawer, Drawer in the World Legal Encyclopedia., Drawer, Drawer in the European Legal Encyclopedia., Drawer, Drawer in the Asian Legal Encyclopedia., […]
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Certified Check
Certified Check in United States Certified Check Definition A check which has been recognized by the proper officer as a valid appropriation of the amount of money therein specified to the person therein named, and which bears upon itself the evidence of such recognition. Certification of a […]
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Joint Bank Account
Joint Bank Account in United States Practical Information Note: Some of this information was last updated in 1982A checking, savings, or thrift account opened in the names of two or more people. The deposit agreement and the designation of the account should be specific about whether the […]
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Fiduciary Account
Fiduciary Account in United States Practical Information Note: Some of this information was last updated in 1982An accounting of receipts and disbursements made to the Probate Court by a guardian for his or her ward or an executor or an administrator for a decedent. Accounts are usually […]
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Check
Check in United States Check Definition Contracts. A written order or request, addressed to a bank or persons carrying on the business of banking, by a party having money in their hands, on deposit, desiring them to pay, on presentment, to a person therein named, or bearer, or to such person, […]