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Forged Check
A check that has been illegally signed or altered by someone other than the account owner.
Obligated
A condition or situation where one is legally or morally bound to perform a certain action or fulfill a duty.
Stop-Payment Order
a request made to a bank by an account holder not to pay a check that has been issued but not yet cashed.
Loss
A decrease in value, resources, or money typically as a result of a business transaction, investment, or unforeseen events.
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