Raised Check
Barron's Banking Dictionary:
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Raised Check
Check with the written dollar amount fraudulently changed to a higher figure. To protect consumers and financial institutions the dollar amount is written twice: in numeric form after the words "pay to the order of," and in the maker's handwriting on the line below. When the two amounts differ, the paying bank usually accepts the written out amount-for example, "one thousand one hundred dollars"-as the check writer's intention.
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Raised Check
Barron's Law Dictionary:
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Raised Check
A check whose face amount has been increased from the amount for which the check was originally issued. That change constitutes a material alteration under U.C.C. §3-407(1)(c), and “discharges any party whose contract is thereby changed unless that party assents or is precluded from asserting the defense.” U.C.C. §3-407(2)(a). A holder in due course of the raised check may enforce it for its original amount. U.C.C. §3- 407(3).
