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Definitions from WordNet
Noun certified cheque has 1 sense
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Definitions from the WebCertified ChequeDescription:A certified cheque is a type of payment method that guarantees the availability of funds. It is issued by a bank or financial institution and is considered a highly secure form of payment, often used for large transactions or when payment needs to be guaranteed. Senses:Sense 1: Payment MethodIn this sense, a certified cheque refers to a specific type of payment method that has been verified by a bank or financial institution, ensuring that there are sufficient funds available to cover the amount specified. Example Sentence:He paid for the car with a certified cheque to ensure the seller would receive the full amount without any issues. Sense 2: Financial SecurityCertified cheques are also used as a means of providing financial security. In this sense, a certified cheque acts as a guarantee of payment, demonstrating that the funds are available and will be honored. Example Sentence:The landlord required a certified cheque for the security deposit, providing assurance that the funds were available and guaranteeing the payment. Related Products:For more information on certified cheques or related products, you can search on Amazon: | ||||
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