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cash letter

noun, Banking.
1.
a deposit list from one bank to another containing items to be credited to the account of the depositing bank.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for cash letter
  • Demand deposit accounts are necessary for the payment of the warrant cash letter.
  • Covers loss of cash letter items in transit for collection or to a clearing house of which the insured bank is a member.
  • Pacific island checks will often be intermingled with other checks in a single cash letter.

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Word Value for cash

9
9
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