travelerÂ’s check Hear it!

travelerÂ’s check definition - legal

n

An instrument with a monetary face value that can be redeemed at locations other than one’s own financial institution. Generally accepted in all countries, a traveler’s check must be countersigned in presence of one who is accepting the traveler’s check as payment. 

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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