cashier's check
Bank-issued payment guarantee
A cashier's check is a check guaranteed by a bank rather than an individual account holder.
The bank withdraws funds from the payer's account and issues the check from its own funds, making it more secure than a personal check.
Cashier's checks are often required for large transactions like home purchases or car sales: They asked for a cashier's check at closing.
Prepaid negotiable instrument
- bank draftGuaranteed payment instrument
- payment orderDirective to transfer funds
- certified fundsBank-verified payment amount
- promissory noteWritten debt obligation
Person owed payment
- drawerSliding furniture compartment
- draweeParty directed to pay
- remitterOne who forwards payment
- beneficiaryDesignated asset receiver
account holder · payor · endorser · depositor · recipient · purchaser · maker
Conditional third-party deposit
- down paymentInitial sum toward purchase
- tuition paymentEducational cost remittance
- security depositRefundable tenant payment upfront
- business transactionCommercial exchange of value
Official release or distribution
- endorsementFormal expression of support
- clearingTreeless space in forest
- settlementResolved dispute or colony
- depositPlace for safekeeping
presentment · verification · funds transfer · encashment · negotiation · collection · processing · availability
Promised with certainty
- certifiedOfficially declared valid
- verifiedConfirmed as accurate
- irrevocableCannot be undone
- backedGave support to
secure · watermark · authentic · tamper-proof · traceable
money order
Prepaid negotiable instrument
- bank draftGuaranteed payment instrument
- payment orderDirective to transfer funds
- certified fundsBank-verified payment amount
payee
Person owed payment
beneficiary · account holder · payor · endorser · depositor · recipient · purchaser · maker
escrow
Conditional third-party deposit
- down paymentInitial sum toward purchase
- tuition paymentEducational cost remittance
- security depositRefundable tenant payment upfront
issuance
Official release or distribution
- endorsementFormal expression of support
- clearingTreeless space in forest
- settlementResolved dispute or colony
deposit · presentment · verification · funds transfer · encashment · negotiation · collection · processing · availability · redemption
guaranteed
Promised with certainty
- certifiedOfficially declared valid
- verifiedConfirmed as accurate
- irrevocableCannot be undone
backed · secure · watermark · authentic · tamper-proof · traceable
- Payment Methodscash, credit card, debit card, cheque, wire transfer
- checkspreflight, final review, checkup, checklist, checkmark
- financial instrumentspromissory notes, bond fund, cheque, government bond, bank drafts
- negotiable instrumentsbill of exchange, promissory note, promissory notes, bank draft, cheque
- bankingbank, banks, ATM, ATMs, account
- paymentspayment, monthly payment, cash payment, payment date, credit cards
cashier's checkpersonal check
Written order to pay
rubber check · bad check · bounced check · hot check · IOU
cashier's checkcash
Ready spending funds
pocket money · loose change · handshake deal · Venmo · PayPal
check, checked, checking, cashier, checks, checkered, checker, paycheck, checkmate