stop payment order

Popular Terms
Notice by an accountholder to a bank not to honor a specified check drawn on his or her account balance. Banks usually require a written notification following an oral request and, in case of a certified check, may require posting of an indemnity bond.

Use 'stop payment order' in a Sentence

The stop payment order arrived at the bank and I could not get the money because of the order and that made me mad.
19 people found this helpful
You may need to enter a stop payment order if a deal goes array after you have already submitted for initial payment.
17 people found this helpful
After the landlord lost the check that she'd given him for rent, she called the bank to place a stop payment order on it.
16 people found this helpful

Email Print Embed