A guarantee of payment of a check up to the amount specified on the check that is provided to the party accepting the check when following bank-prescribed procedures. This is a service provided by a bank or a third party to the check depositor.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A guarantee of payment of a check up to the amount specified on the check that is provided to the party accepting the check when following bank-prescribed procedures. This is a service provided by a bank or a third party to the check depositor.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.