crossed check
Definition
Check marked with two parallel lines drawn diagonally across its face (usually on the upper left-hand corner) with or without the words '&Co.' or 'not negotiable' between the lines. A crossed check can only be deposited in a bank-account and (unlike a bearer check) cannot be cashed over a bank's counter.
Mentioned in these definitions
Popular 'Accounting & Auditing' Terms
crossed check in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/crossed-check.html
