Certified Cheque (Noun)
Meaning
A check containing certification that the person who issued the check has sufficient funds on deposit to cover payment.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The seller requested a certified cheque to ensure the buyer had sufficient funds for the purchase.
- To secure the down payment, the real estate agent asked the buyer to provide a certified cheque.
- When paying for a large purchase, it's common to use a certified cheque to guarantee the funds.
- The contractor required a certified cheque for the construction project to verify the client's ability to pay.
- Before accepting the offer, the car dealer asked the buyer to produce a certified cheque to cover the full purchase price.