Checking

a bargain. London Stock Exchange term; all bargains done between members or firms are checked next morning in a room in the basement of the exchange before the beginning of busine in the house (exchange). The clerks who perform this work repeat to one another the terms of the | bargain and if there is any dispute refer it at once to their principals; they are known as checking clerks and are admitted to the exchange as attendants for their employers, but are not allowed to transact busine , whereas authorized clerks, so called, are allowed to transact busine on the exchange for their employers. The corresponding New York Stock Exchange term is comparison; see Comparison.; Cheque. The English way of spelling check.