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canceled check
noun
- a check that has been redeemed by a bank and then usually returned to the issuer.
Example Sentences
One wall displays a framed, canceled check that Marilyn Monroe wrote for an order of chili.
鈥淵ou know, there is three things: Yesterday is a canceled check. Today is cash. And tomorrow is a promissory note. Let us forget about the canceled checks, let us talk of the cash and the promissory notes.鈥
The Campaign Legal Center, a nonprofit watchdog organization, filed an FEC complaint against Santos and Marks this month detailing problems it found in his campaign鈥檚 reports, including an outsized number of expenses just below the $200 threshold at which the campaign would be required to retain a receipt, invoice or canceled check.
Dozens of the expenditures listed in the reports, including seven his campaign made at Il Bacco in the 2022 cycle, are in increments of $199.99, the maximum amount committees can spend without keeping a receipt, invoice or canceled check.
It notes that his campaign reported 鈥渁n astounding 40 disbursements between $199 and $200, including 37 disbursements of exactly $199.99,鈥 thereby eluding requirements to keep a receipt, invoice or canceled check for all spending above $200.
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