PICKS UP CHECK Meaning and
Definition
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"Picks up check" is a verb phrase that refers to the act of collecting or retrieving a financial document called a check. A check is a written order directing a bank to pay a specified sum of money from the drawer's account to the payee.
When someone "picks up check," it means they physically obtain the check from its location, such as a bank, business, or individual. This action is typically performed by the payee or the authorized person responsible for collecting the payment on behalf of the payee.
"Picking up check" can entail visiting a bank and requesting the check over the counter or receiving it directly from the person who has issued the payment. This phrase may also be used in a broader sense, encompassing electronic transfers, where the payee retrieves the payment electronically instead of physically.
The purpose behind "picking up check" is to receive the funds specified on the check, completing a financial transaction and making the payee the rightful owner of the sum mentioned. This may include cashing or depositing the check into one's own bank account, using it to pay bills, or transferring it to another individual or entity. "Picking up check" is a common phrase used in financial context and portrays the action of obtaining a specific form of payment for goods, services, or debts owed.
Common Misspellings for PICKS UP CHECK
