telecheck
Noun
Meaning
telecheck (plural telechecks)
A check (financial instrument) that is not written out and signed by the drawer, but verbally authorized over the telephone and then printed and stamped by the payee.
Noun
telecheck (plural telechecks)
A check (financial instrument) that is not written out and signed by the drawer, but verbally authorized over the telephone and then printed and stamped by the payee.