Memorandum Check
A Dictionary of Law · Henry Campbell Black · 1891
A Dictionary of Law
A check given by a borrower to a lender, for the amount of a short loan, with the understanding thatit is not to be presented at the bank, but will be redeemed by the maker himself when the loan falls due. This understanding is evidenced by writing the word “ dfem.” on the check. This is not unusual among merchants.