Literal meaning
Cheque writers are advised to specify the amount of the cheque before signing it. A blank cheque can be extremely expensive for the drawer who writes the cheque, because whoever obtains the cheque could write in any amount of money, and might be able to cash it (if the current account or checking account contains sufficient funds, and depending on the laws in the specific country). Under American law, a blank cheque is an example of an "" as defined in the Uniform Commercial Code's Article 3, Section 115 (a). Writing an amount in a blank cheque, without the authority of the signer, is an "alteration". It is legally equivalent to changing the numbers on a completed (non-blank) cheque.Metaphorical meaning
In finance
A "blank cheque company" refers to a company in development that has no specific business plan, such as a special-purpose acquisition company.In politics
* On July 5, 1914,In literature
Sir Arthur Conan Doyle used the term ''carte blanche'' in several of his Sherlock Holmes stories. * " A Scandal in Bohemia":* " The Adventure of the Beryl Coronet":"Then, as to money?" "You have carte blanche." "Absolutely?" "I tell you that I would give one of the provinces of my kingdom to have that photograph."
Dame Agatha Christie uses the term ''carte blanche'' in her first published book where she introduced Hercule Poirot to the reading public. * " The Mysterious Affair at Styles" Chapter XII The Last Link:"I understand that you give me carte blanche to act for you, provided only that I get back the gems, and that you place no limit on the sum I may draw." "I would give my fortune to have them back."
"Madame, I have your permission to hold a little reunion in the salon? It is necessary for everyone to attend." Mary smiled sadly. "You know, Monsieur Poirot, that you have carte blanche in every way." "You are too amiable, madame."
See also
* Blank endorsement * List of political metaphors * Cheque#United States * ''Blank Check'' (1994 movie) * Tabula rasa * * ''Blank Check with Griffin and David'' (American film podcast)References
{{DEFAULTSORT:Blank cheque Financial regulation Cheques Political metaphors July Crisis