MLchartDataset catalogue

Cashier's check

Term · Law · MLC-T-LAW-000883

A check issued by a bank and drawn on the bank's own funds, rather than on a customer's account. The bank guarantees payment, making it a more secure form of payment than a personal check. Funds for a cashier's check are typically debited from the customer's account at the time of issuance.

Table 1. Record
IdentifierMLC-T-LAW-000883
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000883",
  "term": "Cashier's check",
  "field": "Law",
  "definition": "A check issued by a bank and drawn on the bank's own funds, rather than on a customer's account. The bank guarantees payment, making it a more secure form of payment than a personal check. Funds for a cashier's check are typically debited from the customer's account at the time of issuance.",
  "url": "https://mlchart.com/terminology/law/cashier-s-check/"
}

Record 694 of 5,445 in Law terminology (MLC-0107). Request the full dataset.