Match each term with its definition.
-Payee on a check
A)deposit record
B)deposit slip
C)electronic funds transfer system
D)endorsement
E)endorser
F)third-party check
G)limited check
H)maker
I)MICR numbers
J)money order

Question

Quizplus · Accepted Answer

The payee on a check is the person or entity to whom the check is written, making them the endorser when they sign the back of the check to cash or deposit it.

Match Each Term with Its Definition