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{{Short description|Metaphor for a vague agreement}}
{{about|the metaphor}}
{{about|the metaphor}}
{{redirect|Carte blanche||Carte Blanche (disambiguation)}}{{Expand French}}

A '''blank cheque''' or '''carte blanche''' (US: '''blank check'''), in the literal sense, is a [[cheque]] that has no numerical [[Value (mathematics)|value]] written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the pursuance of their goals. Dumb is Tyler Edwards
A '''blank cheque''' or '''blank check''' in the literal sense is a [[cheque]] that has no monetary [[Value (mathematics)|value]] written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the pursuance of their goals. The term '''''carte blanche''''' ({{lit|white card}}) is used in a similar way.


== Literal meaning ==
== Literal meaning ==
Cheque writers are advised to specify the amount of the cheque before signing it. A blank cheque can be extremely dangerous for its owner, because whomever obtains the cheque could write in any amount of [[money]], and would be able to cash it (to the extent that the checking [[Account (accountancy)|account]] contains sufficient funds, and depending on the laws in the specific country). Under [[Law of the United States|American law]], a blank cheque is an example of an '''{{visible anchor|incomplete instrument}}''' as defined in the [[Uniform Commercial Code]]'s Article 3, Section 115 (a).<ref>{{cite web|title=§ 3-115. INCOMPLETE INSTRUMENT|url=https://www.law.cornell.edu/ucc/3/3-115|website=Legal Information Institute|publisher=Cornell University Law School|accessdate=26 November 2016|language=en|date=20 November 2012}}</ref> Writing an amount in a blank cheque, without the authority of the signer, is an ''alteration''.<ref>{{cite web|title=§ 3-407. ALTERATION.|url=https://www.law.cornell.edu/ucc/3/3-407|website=Legal Information Institute|publisher=Cornell University Law School|accessdate=26 November 2016|language=en|date=20 November 2012}}</ref> It is legally equivalent to changing the numbers on a completed (non-blank) cheque.
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 [[Transaction account|current account or checking account]] contains sufficient funds, and depending on the laws in the specific country). Under [[Law of the United States|American law]], a blank cheque is an example of an "{{visible anchor|incomplete instrument}}" as defined in the [[Uniform Commercial Code]]'s Article 3, Section 115 (a).<ref>{{cite web|title=§ 3-115. INCOMPLETE INSTRUMENT|url=https://www.law.cornell.edu/ucc/3/3-115|website=Legal Information Institute|publisher=Cornell University Law School|access-date=26 November 2016|language=en|date=20 November 2012}}</ref> Writing an amount in a blank cheque, without the authority of the signer, is an "alteration".<ref>{{cite web|title=§ 3-407. ALTERATION.|url=https://www.law.cornell.edu/ucc/3/3-407|website=Legal Information Institute|publisher=Cornell University Law School|access-date=26 November 2016|language=en|date=20 November 2012}}</ref> It is legally equivalent to changing the numbers on a completed (non-blank) cheque.

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.<ref>{{cite web|title=Blank Check Company|url=https://www.sec.gov/answers/blankcheck.htm|website=www.sec.gov|publisher=U.S. Securities and Exchange Commission|accessdate=26 November 2016|date=28 October 2014}}</ref>


==Metaphorical meaning==
==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]].<ref>{{cite web|title=Blank Check Company|url=https://www.sec.gov/answers/blankcheck.htm|website=www.sec.gov|publisher=U.S. Securities and Exchange Commission|access-date=26 November 2016|date=28 October 2014}}</ref>


===In politics===
===In politics===
* On July 5, 1914, [[German Empire|Germany]] gave [[Austria-Hungary|Austria]] a "blank cheque" in handling its punishment of [[Serbia]] regarding the assassination of the heir to the Austrian throne. It led to the start of the [[World War I|First World War]].<ref>{{cite book|author1=Claudia Durst Johnson|author2=James H. Meredith|title=Understanding the Literature of World War I: A Student Casebook to Issues, Sources, and Historical Documents|url=https://books.google.com/books?id=XysmARKSjNMC&pg=PA13|year=2004|publisher=Greenwood |page=13|isbn=9780313312007}}</ref> German Chancellor [[Theobald von Bethmann Hollweg]] told [[László Szőgyény-Marich Jr.|the Austrian ambassador in Berlin]] that the Austrian Emperor had the support of the [[German Emperor|German Kaiser]]:{{quote|Finally, as far as concerns Serbia, His Majesty, of course, cannot interfere in the dispute now going on between Austria- Hungary and that country, as it is a matter not within his competence. The Emperor Francis Joseph may, however, rest assured that His Majesty will faithfully stand by Austria-Hungary, as is required by the obligations of his alliance and of his ancient friendship.<ref>{{cite book|first1=Claudia Durst |last1=Johnson|first2=James H. |last2=Meredith|title=Understanding the Literature of World War I: A Student Casebook to Issues, Sources, and Historical Documents|url=https://books.google.com/books?id=XysmARKSjNMC&pg=PA13|year=2004|publisher=Greenwood |pages=13–14|isbn=9780313312007}}</ref>}}
In March 2003, [[Gordon Brown]], then [[Chancellor of the Exchequer]], "effectively offered a blank cheque for war against Iraq", and would thus '"spend what it takes" to tackle Iraq's weapons of mass destruction.'<ref>{{cite news|title=Brown offers war 'blank cheque'|url=http://news.bbc.co.uk/2/hi/uk_news/politics/2817965.stm|accessdate=26 November 2016|work=news.bbc.co.uk|publisher=BBC News|date=4 March 2003}}</ref>
*In March 2003, [[Gordon Brown]], the British [[Chancellor of the Exchequer]], "effectively offered a blank cheque for [[2003 invasion of Iraq|war against Iraq]]", and would thus {{"'}}spend what it takes' to tackle [[Iraq and weapons of mass destruction|Iraq's weapons of mass destruction]]".<ref>{{cite news|title=Brown offers war 'blank cheque'|url=http://news.bbc.co.uk/2/hi/uk_news/politics/2817965.stm|access-date=26 November 2016|work=BBC News|date=4 March 2003}}</ref>


===In literature===
===In literature===
[[Sir Arthur Conan Doyle]] used the term carte blanche in several of his [[Sherlock Holmes]] stories.
[[Sir Arthur Conan Doyle]] used the term ''carte blanche'' in several of his [[Sherlock Holmes]] stories.

:[[A Scandal in Bohemia]]
{{quote|text=“Then, as to money?”
“You have carte blanche.

“Absolutely?”


* "[[A Scandal in Bohemia]]":
“I tell you that I would give one of the provinces of my kingdom to have that photograph.”}}
<blockquote><poem>"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."
</poem></blockquote>


:[[The Adventure of the Beryl Coronet]]
* "[[The Adventure of the Beryl Coronet]]":
{{quote|text="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.
<blockquote><poem>"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.”}}
"I would give my fortune to have them back."
</poem></blockquote>


== See also ==
== See also ==
* [[Blank endorsement]]
* [[Blank endorsement]]
* [[List of political metaphors]]
* [[List of political metaphors]]
* [[Cheque#United States|Checks in the USA]]
* [[Cheque#United States]]
* [[Carte blanche]]
* [[Tabula rasa]]
* [[Tabula rasa]]
* {{wikt-inline|carte blanche}}
*[[Blank Check with Griffin & David|Blank Check with Griffin and David (American film podcast)]]


==References==
==References==
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[[Category:Cheques]]
[[Category:Cheques]]
[[Category:Political metaphors]]
[[Category:Political metaphors]]
[[Category:July Crisis]]

Revision as of 19:52, 7 May 2024

A blank cheque or blank check in the literal sense is a cheque that has no monetary value written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the pursuance of their goals. The term carte blanche (lit.'white card') is used in a similar way.

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 "incomplete instrument" as defined in the Uniform Commercial Code's Article 3, Section 115 (a).[1] Writing an amount in a blank cheque, without the authority of the signer, is an "alteration".[2] 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.[3]

In politics

  • On July 5, 1914, Germany gave Austria a "blank cheque" in handling its punishment of Serbia regarding the assassination of the heir to the Austrian throne. It led to the start of the First World War.[4] German Chancellor Theobald von Bethmann Hollweg told the Austrian ambassador in Berlin that the Austrian Emperor had the support of the German Kaiser:

    Finally, as far as concerns Serbia, His Majesty, of course, cannot interfere in the dispute now going on between Austria- Hungary and that country, as it is a matter not within his competence. The Emperor Francis Joseph may, however, rest assured that His Majesty will faithfully stand by Austria-Hungary, as is required by the obligations of his alliance and of his ancient friendship.[5]

  • In March 2003, Gordon Brown, the British Chancellor of the Exchequer, "effectively offered a blank cheque for war against Iraq", and would thus "'spend what it takes' to tackle Iraq's weapons of mass destruction".[6]

In literature

Sir Arthur Conan Doyle used the term carte blanche in several of his Sherlock Holmes stories.

"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."

"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."

See also

References

  1. ^ "§ 3-115. INCOMPLETE INSTRUMENT". Legal Information Institute. Cornell University Law School. 20 November 2012. Retrieved 26 November 2016.
  2. ^ "§ 3-407. ALTERATION". Legal Information Institute. Cornell University Law School. 20 November 2012. Retrieved 26 November 2016.
  3. ^ "Blank Check Company". www.sec.gov. U.S. Securities and Exchange Commission. 28 October 2014. Retrieved 26 November 2016.
  4. ^ Claudia Durst Johnson; James H. Meredith (2004). Understanding the Literature of World War I: A Student Casebook to Issues, Sources, and Historical Documents. Greenwood. p. 13. ISBN 9780313312007.
  5. ^ Johnson, Claudia Durst; Meredith, James H. (2004). Understanding the Literature of World War I: A Student Casebook to Issues, Sources, and Historical Documents. Greenwood. pp. 13–14. ISBN 9780313312007.
  6. ^ "Brown offers war 'blank cheque'". BBC News. 4 March 2003. Retrieved 26 November 2016.