Memorandum

I. and eng. To be remembered; be it remembered; a formal word with which the body of a record in the court of King's Bench anciently commenced; a special clause in an instrument, to which attention is particularly required; a brief note in writing of some transaction, or an outline of an Intended instrument. Memorandum check: a check intended not to be presented immediately for payment; a check given by a borrower of money to be held by the lender and redeemed by the borrower. Memorandum of agreement: a writing required by the Statute of Frauds, to bind the parties in certain cases.