Meaning Of The Word Stop payment

Real Dictionary

What's the definition of Stop payment? Find Stop payment meanings, definitions and more at the Real Dictionary online.

Stop payment Meaning

Stop payment Definition
Stop payment Definition

What's The Definition Of Stop payment?

stop payment in American English
noun: an order by the drawer of a check to his or her bank not to pay a specified check

stop payment in British English
noun: an instruction to a bank by the drawer of a cheque to refuse payment on it

stop payment in Finance
phrase: If a bank stops payment, it cancels payment in progress on a check on the payer's instructions.

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