What is the meaning of cheque
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Cheque is a document, directly a bank to pay a specified amount mentioned in the instrument from the person's account.
Explanation:
- It is a negotiable instruments.
- In cheque the person name are mentioned and the are money are taken from a person's account.
- Cheque is a document or paper instrument.
- Cheque helps to without the use of withdrawal the directly settle the payments to the bank.
- It is an unconditional order.
- Cheque is must be writing and properly signed by the drawer.
- Interms of both figures and words the amount are clearly mentioned in cheque.
To Learn More...
1.Meaning of (against cheque)
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Answer:
Cheque is the paper in which if we want money we can take and if we want to give money to someone we can send it by cheque..
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