verb (used with object), canceled, canceling or (especially British) cancelled, cancelling. 1. to make void; revoke; annul: to cancel a reservation. 2. to decide or announce that a planned event will not take place; call off: to cancel a meeting. 3. to mark or perforate (a postage stamp, admission ticket, etc.) so as to render invalid for reuse.
http://www.dictionary.com/browse/cancelled
Once a check has been canceled, it means the money has been drawn from the account holder's checking account. That money cannot be used to write another check or be withdrawn for other purposes. It is important to keep a record of the checks that are written and deduct the amount of the check from the balance of the account.
https://www.sapling.com/7238057/canceled-check
When we cancel an appointment we are making the decision to not keep that engagement, and when we cancel a check we are rendering that monetary slip of paper null and void. The early meanings of cancel had much more to do with the action taken for the check than that for the appointment.
https://www.merriam-webster.com/dictionary/cancel
(I say two els). I've always used cancelled. I always put define cancelled (or whatever word) into google when I'm in doubt. It will correct the spelling and come up with the definition. 'cancelled' and 'canceled' came up with different definitions. Cancelled being We cancelled the wedding..
http://www.oes.org/page2/11255~Cancelled_or_Canceled.html
18 terms. •Check •Demand Deposit •Canceled Check •Overdraft •Floating a Check •Checkbook Register •Bank Reconciliation •Blank Endorsement •Special Endorsement •Restrictive Endorsement •Certified Check •Cashier's Check •Traveler's Check •Debit Card •Overdraft Protection •Electronic Funds Trasfer •Stop Payment Order •Safe Deposit Box. Check.
https://quizlet.com/59440851/checking-accountbanking-vocabulary-flash-cards/
Paper checks have long been the means to pay bills and make purchases using money that is deposited into a bank checking account. A canceled check is one that has made the journey from being written, deposited and paid to the receiving vendor.
https://www.sapling.com/7238057/canceled-check
Examples of cancel in a sentence. 1  The event was canceled at the last minute when the speaker didn't show up. 2  We canceled our dinner reservation. 3  My flight was canceled because of the storm.  She canceled her appointment with the 1  dentist. I'm sorry, but I have to cancel.  He canceled his insurance policy last month.
https://www.merriam-webster.com/dictionary/cancel
What is a 'Canceled Check'. A canceled check is a check that has cleared the depositor's account and has been marked canceled by the bank. A canceled check has been paid by the drawee bank and endorsed by the payee, the payee's bank and the Federal Reserve Bank. Canceled checks can also be used as proof of payment.
http://www.investopedia.com/terms/c/canceled-check.asp
Canceled Check Law and Legal Definition. Once a check is cleared by a bank, it becomes a canceled check. A check is canceled by payment or charging to the account holder's account. Once a check is processed and all appropriate accounts have been credited, it becomes a canceled check. Cancellation is the proof of payment.
https://definitions.uslegal.com/c/canceled-check/
Definition of cancel for English Language Learners. : 1  to stop doing or planning to do (something) : to decide that something (such as a game, performance, etc.) will not happen. : 2  to cause (something) to end or no longer produce a certain effect : to stop (something) from being effective or valid.
https://www.merriam-webster.com/dictionary/cancel
canceled check definition
A canceled check is a check that has cleared the depositor's account and has been marked canceled by the bank.