Checkbook

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Checkbook

 

an assembled booklet of checks, which may be used in exchange for money or in settlement of an account. In the USSR, checkbooks are made by banks and issued by the credit institutions in which the check writer (whether an organization or an individual citizen) has an account. The checkbook bears the name of its owner, the number of the bank account on which the checks are drawn, and the numbers of the checks. In addition, limited checkbooks (which are made out for a specified sum of money, covered by the payer’s funds on deposit) and unlimited checkbooks (for unlimited amounts, covered by bank loans in special loan accounts) indicate the effective period of the checkbook, allocation of payments, and—where applicable—the established limit.

In the case of checks used for the settlement of accounts, the checkbook may be valid for a limited period that is fixed by bank regulations (up to one year); a limit may also be imposed on the amount available for writing checks from a given checkbook. Unless a checkbook is issued for the settlement of accounts with certain designated organizations, the checks may be used to settle accounts with any supplier or transport organization.

References in periodicals archive ?
People in their 70s, who are used to using chequebooks and not used to using modern technology, are still going to be around.
By now I was getting a tad competitive about AhmedAAEs Aaebusy, busy dayAAE and I decided I could get busier solving The Mystery of the Disappearing Chequebook.
e earlier hearing was told Curry stole a chequebook from the home of her 77-year-old neighbour who su'ered from dementia, received help from social services and was considered vulnerable.
But Patricia says that thieves could have made a killing if they had spotted the discarded chequebook.
POLICE in County Durham are appealing for any victims of a fraud in which cars were bought using a stolen chequebook to come forward.
Despite the club having more than pounds 100m of debt, Gold is ready to open the chequebook to Avram Grant make them only the second club to avoid the drop after being bottom of the Premier League at Christmas.
Veena Malik started giving statements against Asif in media while Muhammad Asif got registered a case of stealing his chequebook against Veena Malik after giving her a counterfeit cheque.
Shameless Charlton admitted using her grandmother's chequebook to get her thieving hands on pounds 126,000 and tricking her fiance out of around pounds 30,000.
A CAMPAIGN to save the traditional chequebook has been backed by a Birmingham MP.
Created in the style of a chequebook, the promotion offers a package of special incentives.
Government please note: get out your chequebook and support the grass roots.
But sure you have a chequebook - just give the shopkeeper one of those," he informed me.