Description
The term 'Check has cleared' refers to the confirmation that a previously issued check has been processed and the funds have been successfully transferred from the payer's account to the payee's account. This indicates that the transaction is complete and the payee can access the funds.
Interpreter Notes
Interpreters should be aware that this term may be used in financial contexts related to medical billing or insurance payments. Variants such as 'el cheque ya ha sido cobrado' may be heard colloquially, but it is advisable to stick to the glossary term in formal settings to maintain clarity.
Example Sentences
EN: The doctor confirmed that the check has cleared, and the payment for the services is now complete.
ES: El doctor confirmó que el cheque que ha sido cobrado/pagado, y el pago por los servicios ya está completo.
Common Interpreter Mistakes
Confusing 'cleared' with 'approved'; misinterpreting the term as referring to a check that has bounced; using informal phrases instead of the formal term.