Check Hold

Filed Under »
Dictionary Says

Definition of 'Check Hold'

Denotes a period of time equal to the maximum number of days that a bank can legally hold the money from a check that was deposited. After this time it must credit the funds to the account of the party making the deposit. The check holding period is normally the same number of days as it takes for the check to go through the bank's clearing cycle.
Investopedia Says

Investopedia explains 'Check Hold'

The Expedited Funds Availability Act of 1987 mandates that local checks can be held for no more than two business days. Nonlocal checks can be held for up to five business days after September 1, 1990. Furthermore, the first $100 of any check must be made available for the customer's use the following business day.

Related Definitions

Search results for

'Check Hold'

  • Is Buy & Hold Investing Dead? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0809/Is-Buy--Hold-Investing-Dead.aspx
    ... impossible. (To learn more the most reliable ways to invest, check out
    Buy-And-Hold Investing Vs. Market Timing.) Follow us on Twitter. ...
  • ETFs For The Buy And Hold Investor - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/ETFs-For-The-Buy-And-Hold-Investor.aspx
    ... You get paid a 2% dividend to hold it and rather than trying to beat the market,
    you can track its performance. ... (For more on international funds, check out Go ...
  • Time For A Money Manager Check-Up - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1209/Time-For-A-Money-Manager-Check-Up.aspx
    ... to buy and hold for the long term, then you need to judge them based on that, not
    what you wish they had done. (For related reading, be sure to check out Long ...
  • Check Out The "Healthy Portfolio"

    http://stocks.investopedia.com/stock-analysis/2009/Check-Out-The-Healthy-Portfolio-CHSI-MGLN-CYH-UHS-CAH0819.aspx
    ... in buy and hold investing, I'll do my best to make sure you can hold this portfolio ...
    (For more on selecting a diversified group of stocks, check out Modern ...
  • What does "buy and hold" mean?

    http://www.investopedia.com/ask/answers/03/071803.asp
    ... It's a gamble to buy stock randomly without doing the proper research. To learn
    more about buy-and-hold practices, check out How Portfolio Laziness Pays Off. ...
  • Why Buffett's Buy-And-Hold Strategy Is Losing Its Appeal ...

    http://financialedge.investopedia.com/financial-edge/0611/Why-Buffetts-Buy-And-Hold-Strategy-Is-Losing-Its-Appeal.aspx
    ... (To find an investment strategy that lines up with your investment need and risk
    profile, check out Buy-And-Hold Investing Vs. Market Timing.). ...
  • 10 (Costly) Tickets To Fast Cash - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0809/Dealing-With-Unexpected-Expenses.aspx
    ... set. (Here are some helpful tips to lighten your load for a heavier wallet.
    Check out In A Cash Crunch? Hold A Yard Sale.). When ...
  • 6 Easy And Cheap Steps To Winterize Your Car - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0212/6-Easy-And-Cheap-Steps-To-Winterize-Your-Car.aspx
    ... Check the air in your spare. This is often overlooked until you need that spare
    and find that it is flat. Also, check the spare tire hold-downs. ...
  • Keeping Your Student Loans In Check - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/Keeping-Your-Student-Loans-In-Check.aspx
    ... default, the government will eventually take its money from your Social Security
    check. ... a requirement, and failure to go through the process could hold up your ...
  • SPACs Raise Corporate Capital

    http://www.investopedia.com/articles/stocks/08/blank-check.asp
    ... (To learn more about IPOs, check out our IPO ... Additionally, private equity firms
    typically hold their acquired platform companies for five to seven years. ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links