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    Chequebook

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    • PussyCatundefined
      PussyCat
      last edited by

      A book of printed cheques ready for use.

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        Chequebook meaning & definition 1 of Chequebook.

      • Welington Minaundefined
        Welington Mina
        last edited by

        a book issued to holders of checking accounts

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          Chequebook meaning & definition 2 of Chequebook.

        • AliceAstesundefined
          AliceAstes
          last edited by

          A folder containing preprinted cheques for use by the holder of a bank account

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            Chequebook meaning & definition 3 of Chequebook.

          • LindaArritundefined
            LindaArrit
            last edited by

            A cheque, or check (American English; see spelling differences), is a document that orders a bank (or credit union) to pay a specific amount of money from a persons account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account (often called a current, cheque, chequing, checking, or share draft account) where the money is held. The drawer writes various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay the amount of money stated to the payee.
            Although forms of cheques have been in use since ancient times and at least since the 9th century, they became a highly popular non-cash method for making payments during the 20th century and usage of cheques peaked. By the second half of the 20th century, as cheque processing became automated, billions of cheques were issued annually; these volumes peaked in or around the early 1990s. Since then cheque usage has fallen, being partly replaced by electronic payment systems, such as debit cards and credit cards. In an increasing number of countries cheques have either become a marginal payment system or have been completely phased out.

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              Chequebook meaning & definition 4 of Chequebook.

            • Urooj.Zafarundefined
              Urooj.Zafar
              last edited by

              A chequebook is a book containing pre-printed paper instruments issued to an account holder by a bank or building society. Each piece, called a cheque, can be filled out to instruct the bank to pay a certain amount of money from the account holders account to another person or organization. The account holder signs the cheque before handing it over to the payee.

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                Chequebook meaning & definition 5 of Chequebook.

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