telecheck

Etymology

From tele- + check.

telecheck means A check (financial instrument) that is not written out and signed by the drawer, but verbally authorized over the telephone and then printed and stamped by the payee. Lexicurio rates it Sui generis — a strength score of 88 out of 100.

noun

A check (financial instrument) that is not written out and signed by the drawer, but verbally authorized over the telephone and then printed and stamped by the payee.“The court had to decide if a "telecheck" had been "signed" by the purported "drawer," and in doing so the court had to determine whether a "telecheck" is a negotiable instrument[…]”