A written-check is a physical or electronic document instructing a bank to pay a specific sum of money from a specified account to the person or entity named on the check. It serves as a direct order for the transfer of funds and typically requires the drawer's signature. This method of payment allows for a tangible record of the transaction and is commonly used for various expenses, ranging from everyday purchases to significant financial obligations. The check details usually include the date, payee, amount, account details, and a unique check number for tracking.
Written-check meaning with examples
- John meticulously filled out a written-check to cover his monthly rent, ensuring all the details were accurate and legible. He wrote the date, the landlord's name, and the exact amount, then signed it carefully. This process provided him with a clear record of payment and was a standard procedure. He then mailed the check to his landlord to ensure a proper transaction for his rental expenses. This paper trail was convenient.
- After reviewing the invoice, Sarah prepared a written-check to pay her contractor for the recent home renovations. She specified the amount due, the contractor's name, and included her address. Using a check provided the needed documentation for taxes. She kept a copy of the check for her records. The reliability of using a written-check was reassuring to Sarah.
- During a visit to the local farmers market, Mary decided to use a written-check to pay for her fresh produce and flowers from multiple vendors. Although she could have used cash or cards, a check gave her the necessary control over her funds. She clearly wrote the names of each vendor and the amount to be transferred for proper documentation. Using written-checks, she found was a convenient way to support small businesses.
- When purchasing a used car from a private seller, David used a written-check as the method of payment. He completed the check, including the seller's name and agreed-upon price. He provided the check to the seller at the closing. This method proved safe, secure and provided a record of the transaction, allowing both parties to be on the same page. The check was used to seal the deal.
- The small business owner consistently used written-checks to pay their suppliers and vendors. These transactions provided a verifiable record of all financial activities. The use of a check also allowed them to track and reconcile expenses efficiently and quickly. Furthermore, the check served as proof that they fulfilled all obligations. The simple act of paying by check was a vital part of their workflow.