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.

Related Videos




http://www.businessdictionary.com/definition/crossed-check.html

Have a question about crossed check? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z