cashier's check

noun

Definition of cashier's check 

: a check drawn by a bank on its own funds and signed by the cashier

Examples of cashier's check in a Sentence

Recent Examples on the Web

Buyers will need to bring a $10,000 cashier's check to bid, and closings must take place 30 days after the auction. Nancy Sarnoff, Houston Chronicle, "Flooded Meyerland houses to sell at auction," 16 May 2018 Weinstein surrendered his passport, and his attorney handed over a $1-million cashier's check for the bail. James Queally, latimes.com, "Weinstein cites 'casting couch' defense as he faces rape charges in New York," 26 May 2018 In turn, prosecutors say, Shain sent approximately 58 cashier's checks to Colello or his girlfriend totaling more than $300,000. Ted Sickinger, OregonLive.com, "Ex-state employee gets five years after taking $300,000 in bribes," 13 Apr. 2018 Shain purchased and issued cashier's checks to pay Colello. Ted Sickinger, OregonLive.com, "Ex-state employee gets five years in tax credit bribery scheme," 3 Apr. 2018 Theft by deception, Center Ridge Road: On Feb. 20, a bank reported a customer deposited a cashier's check into his bank account and then withdrew a large sum of money several days later. Cheryl Higley, cleveland.com, "Harris Drive home burglarized: North Ridgeville police," 19 Mar. 2018 Over three years, prosecutors said that Shain sent approximately 58 cashier's checks to Colello or his girlfriend totaling more than $300,000. Ted Sickinger, OregonLive.com, "Ex-state employee gets five years in tax credit bribery scheme," 3 Apr. 2018 The resident refused, and found out from his bank that the cashier's check was fake. Kathy Routliffe, chicagotribune.com, "Wilmette police blotter: Traffic fight leads to battery charge," 23 Mar. 2018 The down payment must be in cash or a cashier's check. Kevin Crowe, Milwaukee Journal Sentinel, "Lawmakers push reform after witnessing bad landlords buy homes at sheriff's sale," 22 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'cashier's check.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of cashier's check

1867, in the meaning defined above

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Dictionary Entries near cashier's check

cashgirl

Cashibo

cashier

cashier's check

cash in

cash in on

cashless

Statistics for cashier's check

Last Updated

25 Aug 2018

Look-up Popularity

Time Traveler for cashier's check

The first known use of cashier's check was in 1867

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More Definitions for cashier's check

cashier's check

noun

Financial Definition of cashier's check

What It Is

A cashier's check is a check that guarantees the availability of the underlying funds because it is drawn upon and issued by the bank itself.

How It Works

To obtain a cashier's check, a person must first deposit funds equal to the check amount with the issuing bank. The bank then generates a check to the payee drawn on the bank's own account. The name of the remitter (the person purchasing the check) is noted on the check. The check is signed by a bank cashier or officer.

Banks typically charge a fee for cashier's checks.

Why It Matters

Only under extremely unusual and rare circumstances will a cashier's check bounce. Because the bank assumes the obligation for payment, thereby ensuring a high degree of safety, some institutions require that payments be made via cashier's check.

Source: Investing Answers

cashier's check

noun

English Language Learners Definition of cashier's check

: a check that is written by a bank and signed by a cashier

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