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TeachMeFinance.com - explain cashier's check cashier's check -- a check written by a bank or thrift institution on its own funds and signed by a cashier. It is payable to a third party named by the customer who pays for the check at the time it is written. A cashier's check, which is drawn against the funds of the institution itself, differs from a certified check, which is drawn against the funds in a specific depositor's account. historic definition... Cashier's check -- A check upon a bank signed by its cashier. When money is borrowed from a bank the borrower, unless the money is to be placed to his credit in that bank, receives from the cashier a check for the amount which he may deposit in any other bank or may make payable to somebody else the same as any other check. A cashier's check constitutes a common form of exchange ; see Exchange. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.