: a depositor's order to a bank to refuse to honor a specified check drawn by him or her
Example Sentences
Recent Examples on the WebMeanwhile, one of the film’s producers is being told to stop payment to a key participant who’s involved in a fraud case. Rick Porter, The Hollywood Reporter, 29 Aug. 2022 Gascón, Moore and Harris pointed to a 2015 decision by the three credit card companies to stop payment processing for Backpage.com.Los Angeles Times, 8 Feb. 2022 After realizing this was probably a scam, the resident was able to stop payment on the check.cleveland, 19 Nov. 2021 Finally, and perhaps most importantly, here’s what Apple did to stop payment and credit card fraud: Financial information and transactions are some of the most sensitive data that users share online. Jacob Siegal, BGR, 11 May 2021 The banks were able to stop payment on some of the checks but ultimately lost $57,650, prosecutors said.oregonlive, 3 May 2021 Of everything that’s undermining this season, from a defense that couldn’t stop payment on a check to not-so-special teams to coaches failing players and players calling out coaches, the news from the front is worse. Kevin Sherrington, Dallas News, 22 Oct. 2020 But his parents had to stop payments for the tutor.Washington Post, 2 May 2020 States like Montana and California have per diem rates two to three times higher than Arizona's but temporarily stop payments when lawmakers recess for more than three days. Maria Polletta, azcentral, 10 Apr. 2020 See More
Word History
First Known Use
circa 1919, in the meaning defined above
Legal Definition
stop payment
noun
: a depositor's order to a bank to refuse to honor a specified check drawn by him or her