stop payment1
/ˈstɒp ˌpeɪm(ə)nt/Instruct a bank to withhold payment on a cheque: the cheque has been certified, so you can’t stop payment...
- Later the purchaser decided not to proceed with the transaction and told his bank to stop payment of the cheque.
- It is said that the plaintiff company had stopped payment on those cheques and that the Bank failed to honour the order of the customer.
- You can not stop payment on a cheque or otherwise withhold rent money from them.
See parent entry: stop
stop payment2
/ˈstɒp ˌpeɪm(ə)nt/noun
An authorized withholding of payment on a check: call the bank tomorrow and get a stop payment on that check
Origin
The usage as a noun derives from the verb phrase stop payment, meaning “instruct a bank to withhold payment on a check.”.