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A cheque is a negotiable instrument instructing a financial institution to pay a specific amount of a specific currency from a specified transactional account held in the drawer's name with that institution. Both the drawer and payee may be natural persons or legal entities.
A salary statement, commonly called a payslip, pay stub, paystub, pay advice, or sometimes paycheck stub or wage slip, is a document received by an employee that either includes a notice that the direct deposit transaction has gone through or that is attached to the paycheck.
A blank cheque or blank check in the literal sense is a cheque that has no monetary value written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the ...
A blank endorsement is a commonly known and accepted term in the legal and business worlds. This is also called an endorsement in blank or blank endorsement.
This page provides a general guide for dealing with stubs: the first section, Basic information, contains information that is recommended for most users; and the second section, Creating stub types, contains more specialized material.
Shared Check Authorization Network ( SCAN) is a database of bad check writers in the United States. The database is used by retailers in order to reduce the number of bad checks received. The database keeps track of those who have written outstanding bad checks to any retailer using the system, and retailers can determine, based on these ...
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