Cashier's check. A check upon a bank signed by its cashier. When money is borrowed from a
bank the borrower, unless the money is to be placed to his credit in that bank, receives from the
cashier a check for the amount which he may deposit in any other bank or may make payable to
somebody else the same as any other check. A cashier's check constitutes a common form of
exchange; see Exchange.
bank the borrower, unless the money is to be placed to his credit in that bank, receives from the
cashier a check for the amount which he may deposit in any other bank or may make payable to
somebody else the same as any other check. A cashier's check constitutes a common form of
exchange; see Exchange.
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