crossed check

A check that has lines drawn across its face and writing that specifies the bank to which the check must be presented for payment.

• The same effect is achieved by stamping the bank’s name on the check. The negotiability of the check at that bank is unaffected, but no other bank can honor it. Cf. open check.

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词条贡献者

译员蓉婧，欧洲知名商学院国际金融专业，专注翻译各种与美国证券法律有关的法律文件。