Certified check

{
  "id": "MLC-T-LAW-000914",
  "term": "Certified check",
  "field": "Law",
  "definition": "A personal check for which the bank guarantees that sufficient funds are available in the account to cover the payment. The bank typically sets aside the funds from the customer's account at the time of certification. This type of check offers greater assurance of payment than a regular personal check, as the bank's endorsement confirms its validity.",
  "url": "https://mlchart.com/terminology/law/certified-check/"
}