In French it is where we can find the etymological origin of the term check. More exactly the same is found in the word eschec which can be defined as “check” and which was used in chess to show that a player had made a move that seriously endangered the figure of the king. A word that would later give rise to another English term: check.
A check is a written payment order that allows the person who receives it to collect a certain amount of money that is stipulated in the document and that must be available in the bank account of the issuer.
It is important to highlight the fact that in its origins the checks were used as a measure to avoid fraud in the banks thanks to the fact that the signatures of those who made the different deposits were kept in them and these were compared when someone was going to make the collection from one of those checks.
The check, therefore, is a title through which an individual is authorized to withdraw money from an account, without the need for this subject to be the owner of said account. For this reason, the check is used as a means of payment, replacing cash.
For example: “Can I pay you with a check? Right now I don’t have cash ”, “ Tomorrow I have to go to the bank to cash the check for the last job we did ”, “ I’m furious: at the bank they told me that the check had no funds so I couldn’t cash ”.
At the legal level, the check is defined as a security by which the drawer orders the bank to pay a certain amount of money in favor of a beneficiary.
Checks must meet different requirements, such as the inclusion of the date and place where it is issued, the order to pay a specific amount of money, the name of the credit organization and the place where the payment will be made, among others..
Among the different types of checks, the nominative check (which can only be cashed by the person indicated in the document), the check made to order (the beneficiary can cash it or assign it as payment to another person, for which he must endorse it – sign it -) and the bearer check (can be cashed by anyone).
In addition to those mentioned, we have to state that there are other types of checks. Thus, for example, there is the one known as a blank check, which is that document that someone issues for the benefit of another person but without establishing the monetary amount that this person will charge. It is common for it to appear as a resource in the cinema when trying to show that one of the characters tries to buy the silence or the work of another. For this, he gives you one of these checks with which he makes it clear that he is willing to give him what he wants as long as he accepts his proposal.
Likewise, we cannot ignore that in Honduras this term is used as an interjection. With it what is expressed is that someone agrees with something.