HomeDefinitionsCompareDebt CheckThe financial definition for Check:A bill of exchange representing a draft on a bank from deposited funds that pays a certain sum of money to a certain person or party. Similar MatchesBlank checkBlank checkA check that is duly signed, but the amount of the check is left blank to be supplied by the drawee. Blank check offeringBlank check offeringAn initial public offering by a company whose business activities are undefined and therefore peculative. Blank Check Preferred StockBlank Check Preferred StockThis is stock over which the board of directors has broad authority to determine voting, dividend, conversion, and other rights. While it can be used to enable a company to meet changing financial needs, its most important use is to implement poison pills or to prevent takeover by placement of this stock with friendly investors. Further SuggestionsCertified checkCheck clearing Checking the market Checkwriting Depository transfer check (DTC) Difference check Not sufficient funds check Click to compare definitions of Check Click to view definitions beginning ch |