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A blank cheque or blank check in the literal sense is a cheque that has no monetary value written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the pursuance of their goals.
A special-purpose acquisition company (SPAC; / s p æ k /), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
Blank endorsement of a financial instrument, such as a cheque, is only a signature, not indicating the payee.The effect of this is that it is payable only to the bearer – legally, it transforms an order instrument ("pay to the order of (the payee)") into a bearer instrument ("pay to the bearer").
A blank cheque is a cheque with no numerical value filled in. Blank check or blank cheque may also refer to: Blank Check, a 1994 film originally released as Blank Cheque in the United Kingdom. Blank Check, the short-lived 1970s American game show
A certified check is a personal check that an account holder’s bank has confirmed is backed by sufficient funds and bears a legitimate signature. The amount of money on a certified check is ...
Blank cheque – cheque where amount has been left blank. Certified cheque – guaranteed by a bank. E-cheque – electronic fund transfer. Hundi – historic Indian cheque-like instrument. Labour cheque – political concept to distribute goods in exchange for work. Negotiable cow – urban legend where a cow was used as a cheque.
The former head of Hong Kong's de facto central bank has formed a special purpose acquisition company (SPAC) with two family members of the city's former chief executive, as they look to bank on ...
The funds for the cashier’s check: Of course, you’ll need to pay for the amount of the cashier’s check in full, and you may also have to pay a fee for the service. Make sure you bring enough ...