stop payment

noun

|Updated on: 9 Jun 2018

Definition of stop payment

: a depositor's order to a bank to refuse to honor a specified check drawn by him or her

Recent Examples of stop payment from the Web

The company requested that its customers stop payments after it was placed under U.S. sanctions.

— brandon kochkodin, Bloomberg.com, "Rusal Customers Owed the Company $396 Million as Sanctions Levied," 9 Apr. 2018
His nephew stopped payment on 21 checks after learning what was going on.

— mark davis, kansascity, "The sweepstakes no one ever won: Feds finally target $100 million KC-based schemes | The Kansas City Star," 27 Apr. 2018
After a repeal failed in Congress, Trump stopped payments to reimburse insurers for subsidizing copayments and deductibles, thereby boosting premiums.

— Washington Post, "Sign-ups show health law’s staying power in Trump era," 18 Dec. 2017
After a repeal failed in Congress, Trump stopped payments to reimburse insurers for subsidizing copayments and deductibles, thereby boosting premiums.

— Washington Post, "Sign-ups show health law’s staying power in Trump era," 18 Dec. 2017
After a repeal failed in Congress, Trump stopped payments to reimburse insurers for subsidizing copayments and deductibles, thereby boosting premiums.

— Washington Post, "Sign-ups show health law’s staying power in Trump era," 18 Dec. 2017
After a repeal failed in Congress, Trump stopped payments to reimburse insurers for subsidizing copayments and deductibles, thereby boosting premiums.

— ricardo alonso-zaldivar, The Seattle Times, "Sign-ups show health law’s staying power in Trump era," 16 Dec. 2017
The Post also reports that Congress has reached a bipartisan deal on Obamacare subsidies after President Donald Trump stopped payments on them.

— dan sweeney, Sun-Sentinel.com, "Trump promises "proof" he did not say what congresswoman says he said.," 18 Oct. 2017
One area where Trump's policies may not impact the Rust Belt as much is his stopping payments for cost-sharing reductions (CSR) to insurance companies.

— sam petulla, CNN, "How Trump's policies could hurt the Rust Belt," 25 Oct. 2017

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