stop payment order

stop payment order
An unequivocal notice from the drawer of a check to the drawee that the check is not to be paid by the bank. 10 Am J2d Banks § 641.

Ballentine's law dictionary. . 1998.

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  • stop payment order — Revocation of a check; a notice made by a depositor to his or her bank directing the bank to refuse payment on a specific check drawn by the depositor. Dictionary from West s Encyclopedia of American Law. 2005. stop payment order …   Law dictionary

  • Stop Payment — A request made to a financial institution to cancel a check or payment that has not been processed yet. A stop payment order is issued by the account holder, and can only be enacted if the check or payment has not already been processed by the… …   Investment dictionary

  • stop payment — n: a depositor s order to a bank to refuse to honor a specified check drawn by him or her Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. stop payment …   Law dictionary

  • stop payment — stop′ pay′ment n. bus an order by the drawer of a check to his or her bank not to pay a specified check • Etymology: 1915–20 …   From formal English to slang

  • stop payment — noun a depositor s order to a bank to refuse payment on a check • Hypernyms: ↑order, ↑purchase order …   Useful english dictionary

  • stop payment — /ˈstɒp peɪmənt / (say stop paymuhnt) noun an order by the drawer of a cheque to a financial institution not to pay a specified cheque …  

  • stop payment — noun Date: circa 1919 a depositor s order to a bank to refuse to honor a specified check drawn by him or her …   New Collegiate Dictionary

  • stop payment — an order by the drawer of a check to his or her bank not to pay a specified check. [1915 20] * * * …   Universalium

  • stop payment — An order given a depository institution not to pay out cash for a check; often used when the check has been stolen or lost. Bloomberg Financial Dictionary …   Financial and business terms

  • order — A mandate; precept; command or direction authoritatively given; rule or regulation. Brady v. Interstate Commerce Commission, D.C.W.Va., 43 F.2d 847, 850. Direction of a court or judge made or entered in writing, and not included in a judgment,… …   Black's law dictionary

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