Investor Glossary-cancelled checkInvestor Glossary-cancelled checkInvestor Glossary-cancelled checkInvestor Glossary-cancelled checkInsightful stock market charts - Click here
Categories    # 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

Cancelled Check

The HTML to link to this page

A cancelled check is a check that has been approved by a bank or another financial institution. Once a check is processed, and all appropriate accounts have been credited, it then becomes a cancelled check. At that time, some form of designation, usually a stamp, marks a cancelled check as cleared. Thus, a cancelled check can be considered a token of clearance of transferred funds. As such, a cancelled check may be employed or required as a proof of payment or receipt of transaction. If used in this capacity, both the front and the back of a cancelled check may be required. Unlike a cancelled check, an outstanding check is one that has not been processed and approved by the bank where it originated.

Rate this cancelled check definition...

Learn about investing with the Investor Glossary Term of the Day

Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.

Popular Terms: APR, required rate of return, in escrow, per diem, stock split, cancelled check, labor relations, liquidity ratio, inflation, 401a, limit order, risk management, Key Rate Duration, retained earnings, FICO score, quality assurance, 144a, real GDP, command economy, dividends payable, deferred revenue, class C shares, stock market close, deferred tax, balance sheet, reverse mortgage, phantom income, ex-dividend, option premium, LIBOR, annual return, debt service coverage, open position, 1035 exchange, current ratio, EBITDA, implied volatility, average price per share, wholly-owned subsidiary, Zero Cost Collar, irrevocable trust, ex-dividend date, FTSE, diluted share, covered put, minority interest, VIX, 1031 exchange, margin rate

Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use