treasurer's check

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Explanation of "Treasurer's Check"

Definition:
A "treasurer's check" is a type of check that is issued by a bank. Unlike regular checks written by individuals, a treasurer's check is written on the bank's own account. This means that the money is guaranteed by the bank itself, making it very secure and reliable.

Advanced Usage:

In more advanced contexts, treasurer's checks may be discussed in terms of their role in financial transactions, particularly in real estate or business deals. They can also be compared to other types of checks, such as cashier's checks.

Word Variants:

• Cashier's Check: This is similar to a treasurer's check and is also issued by a bank. It is also considered very secure.
• Bank Draft: This is another term often used interchangeably with treasurer’s checks, but it can refer to a slightly different type of payment method.

Different Meanings:

While "treasurer's check" specifically refers to a bank-issued check, "treasurer" itself can refer to a person who manages money in an organization or a group.

Synonyms:

• Cashier's check
• Bank draft
• Official check

Idioms and Phrasal Verbs:

There are no specific idioms or phrasal verbs directly related to "treasurer's check." However, you might encounter phrases like: - "Cash in hand" - This means having cash available, which is similar to the security of a treasurer's check. - "Cut a check" - This means to write a check, which could be a treasurer's check or any other type.

Summary:

A treasurer's check is a secure, bank-issued check that guarantees payment and is often used for large transactions. It's similar to a cashier’s check and is preferred for its reliability.

Academic

Noun

1. a check issued by the officer of a bank on the banks own account (not that of a private person)
   • cashier's checks are as good as cash

Synonyms

• cashier's check
• cashier's cheque
• treasurer's cheque