memorandum-check
Defined in 6 dictionaries — Case Law, Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Black's (1891)
Definitions from Case Law
From 84 U.S. 496 - United States v. Isham · 1873Most cited · 398 citing opinions
A memorandum-check is in the ordinary form of a bank-check, with the word 'memorandum' written across its face, and is not intended for immediate presentation, but simply as evidence of an indebtedness by the drawer to the holder.
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
It is not unusual among merchants, when one makes a temporary loan to another, to give the lender a check on a bank, with the express or implied agreement that it shall be redeemed by the maker himself, and that it shall not be presented at the bank for payment; such understanding being denoted by the word "memorandum" upon it. If passed to a third person, it will be valid in his hands like any other check. 4 Duer (N. Y.) 122; 11 Paige, Ch. (N. Y.) 612.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
It Is not unusual among merchants, when one makes a temporary loan to another, to give the lender a check on a bank, with the express or imbe presented at the bank for payment; such understanding being denoted by the word memorandum, upon it. If passed to a third person, it will be valid in his hands like any other check; Dykers v. Bank, 11 Paige, Ch. (N. Y.) 612. Being given by the maker to the payee rather as a memorandum of indebtedness than as a payment, between these parties it is considered as a due bill, or an
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
A check given by a borrower to a lender, for the amount of a short loan, with the understanding that it is not to be presented at the bank, but will be redeemed by the maker himself when the loan fails due. This understanding is evidenced by writing the word "Mem." on the check. This la not unusual among merchants. See U. S. v. Is-ham, 17 Wail. 502, 21 In Ed. 728; Turnbull v. Osborne, 12 Abb. Prac. (N. S.) (N. Y.) 202; Franklin Bank v. Freeman, 16 Pick. (Mass.) 539.
Defined under Check in Black's Law Dictionary.
A Dictionary of Law
Henry Campbell Black · 1891
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.