Match each term with its definition.
-Payer of the 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 maker of a check is the person or entity who writes and signs the check, effectively making them the payer of the check. This term is used to identify the party that has the account from which the funds are drawn.

Match Each Term with Its Definition