TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CHEQUE PAYABLE ORDER [1 record]

Record 1 2008-11-25

English

Subject field(s)
  • Banking
  • Finance
CONT

An order cheque restricts the payment made to a particular beneficiary. For that reason the chances of any fraudulent attempt on an order cheque is less likely. An order cheque also gives the comfort to the issuer that payment has been made to the intended beneficiary.

CONT

Order checks are the types of bank checks which are payable only to the name of the payee indicated in the checks.

CONT

An order check ... begins with "Pay to the order of".

OBS

The preferred Canadian spelling form is "cheque," not "check."

Key term(s)
  • cheque to order
  • check to order
  • cheque payable to order
  • check payable to order

French

Domaine(s)
  • Banque
  • Finances
DEF

Chèque payable à une personne dénommée ou à son ordre avec ou sans clause expresse «à ordre» et transmissible par la voie de l'endossement.

CONT

La banque admet sa responsabilité pour un chèque à ordre qui a été volé et qu'elle a payé sur un faux endossement [...]

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
  • Finanzas
DEF

[Cheque] que puede transmitirse por endoso.

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