stop payment


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Related to stop payment: Stop Payment Order
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  • noun

Words related to stop payment

a depositor's order to a bank to refuse payment on a check

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Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The stop payment scheme stemmed from unresolved and 'comatose' cases in PhilHealth, Garin said.
Two days later, when the SWIFT system was back up and running, Bangladesh Bank sent messages to stop payment on all the suspect transactions, according to the document.
The letter warned first that his two-year-old check was negotiated, and second that the check had been the subject of his "stop payment" order.
I plan to ask my bank to make a "stop payment." May I require the "absent-minded professor" to reimburse my business for the $25 "stop payment" fee charged by the bank?
KARACHI, October 27, 2010 (Balochistan Times): The industrial sector has sounded alarm bell of massive closure of industries in Karachi if the KESC and SSGC would go ahead of their plan to carry out load-shedding in industrial areas and industries compel to stop payment of bills to both the utilities agencies.
Auto Business News-20 May 2010-GM to stop payment to union employees to leave company(C)2010 ENPublishing - http://www.enpublishing.co.uk
If the bank does not have authority to stop payment, why do they?
SIR - The decision by the Assembly to stop payment of an automatic grant to Welsh university students and replace it with a means-based scheme is a serious retrograde step.
For instance, if the security unit discovers an employee is committing acts of theft, they must have the capability to instantly freeze the employees' access to information systems, stop payment of paychecks, and begin to take legal action.
From Patagonia "all the way north to the border with Bolivia, cash-strapped provinces were obliged to stop payment on their debt, some $6 billion in the form of internationally issued bonds.
Starcash and Cashier virtually guaranteed the investments by agreeing to cover the costs and make up the fees on checks from customers that were returned for insufficient funds or not paid due to a stop payment order, Holder said in the release.
Five years ago, Wendel says, the fee for a stop payment for a small business was typically $5 or $10.
Failing that, a taxpayer can attempt to stop payment on the transfer by contacting his bank.
At most, the court stated, Natoli's issuance of the stop payment order constituted an attempted revocation of her purchase offer.