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Definitions from WordNet | ||||
Definitions from the WebStop PaymentDescription:Stop payment refers to a financial instruction given by an account holder to their bank or financial institution to prevent the processing of a specific check or payment. This instruction allows the account holder to prevent the payment from being debited from their account. Sample Sentences:As a noun:1. John issued a stop payment on the check because he suspected fraud. 2. The bank placed a stop payment on the transaction to investigate a possible error. As a verb:1. She contacted the bank immediately to stop payment on the lost debit card. 2. The customer requested the merchant to stop payment on the overcharged invoice. Related Products:Stop Payment Software on Amazon | ||||
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