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stop payment
noun
an order by the account holder to the bank not to pay a specified check or other charge.
stop payment
noun
an instruction to a bank by the drawer of a cheque to refuse payment on it
Word History and Origins
Origin of stop payment1
Idioms and Phrases
Example Sentences
Insurers know this, and since mortality risk rises with age, they price post-term coverage aggressively to push policyholders either to stop payments or pay substantially more.
“He had a catastrophic lapse of judgment when he failed to stop payments to his daughters, and because VAS was helping his family, he failed to see the red flags of these illegal acts.”
But “a fraudster,” he said, “always makes the loudest noise screaming, yelling and complaining.... The easiest way to find a fraudster is to stop payments and listen, because whoever screams is the one stealing.”
You know, Elon Musk takes over OPM and he goes straight for the Treasury disbursement system to stop payments where they happen.
The department has introduced new guidance on how to safely stop payments to vulnerable claimants, the spokesperson added.
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