stop payment

noun

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

Examples of stop payment in a Sentence

Recent Examples on the Web The representative for eXp said that the company revised its revenue-sharing policies earlier this year and can stop payments to agents whose contracts were terminated. Debra Kamin, New York Times, 15 Dec. 2023 That is because under Pennsylvania law the drawer of a check can stop payment on it. Peter J Reilly, Forbes, 17 July 2023 Federal agencies also could resist attempts to slow or stop payments, citing a 1974 law that bars the executive branch from substituting its own spending priorities for decisions by Congress. Jeff Stein, Rachel Siegel and Tony Romm, Anchorage Daily News, 24 May 2023 Meanwhile, one of the film’s producers is being told to stop payment to a key participant who’s involved in a fraud case. Rick Porter, The Hollywood Reporter, 29 Aug. 2022 Gascón, Moore and Harris pointed to a 2015 decision by the three credit card companies to stop payment processing for Backpage.com. Los Angeles Times, 8 Feb. 2022 After realizing this was probably a scam, the resident was able to stop payment on the check. cleveland, 19 Nov. 2021 Finally, and perhaps most importantly, here’s what Apple did to stop payment and credit card fraud: Financial information and transactions are some of the most sensitive data that users share online. Jacob Siegal, BGR, 11 May 2021 The banks were able to stop payment on some of the checks but ultimately lost $57,650, prosecutors said. oregonlive, 3 May 2021

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'stop payment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

circa 1919, in the meaning defined above

Time Traveler
The first known use of stop payment was circa 1919

Dictionary Entries Near stop payment

Cite this Entry

“Stop payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/stop%20payment. Accessed 24 Apr. 2024.

Legal Definition

stop payment

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