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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.
On 5 July 1914, German leader Kaiser Wilhelm II gave a "blank cheque" to Austria-Hungary, declared his country's allyship. [7] On 23 July 1914, Austria-Hungary sent an ultimatum to Serbia with such harsh terms that it was impossible for Serbia to accept. Serbia, predicting Austria-Hungary was preparing to invade, asked Russia for their support. [7]
Before World War II, the events of 1914–1918 were generally known as the Great War or simply the World War. [1] In August 1914, the magazine The Independent wrote "This is the Great War. It names itself". [2] In October 1914, the Canadian magazine Maclean's similarly wrote, "Some wars name themselves. This is the Great War."
After the assassination of the presumptive heir to the Austro-Hungarian throne, Wilhelm II issued the famous "blank check" to László Szőgyény, Austria-Hungary's ambassador in Berlin. It affirmed that Germany would uphold its alliance obligations with Austria-Hungary and stand at its side.
Germany secretly gave Austria-Hungary a blank check, promising to support it militarily no matter what it decided. Both countries wanted a localized war, Austria-Hungary versus Serbia. Russia decided to intervene to protect Serbia due to its interest in the Balkan region and its desire to gain an advantage over Austria-Hungary.
Canceled Checks vs. Returned Checks. A returned check is a check that does not go through because the issuing bank declines it. This could be for varying reasons, but most likely, it is due to the ...
Even those who emphasize Vienna's strategic dilemma, facing activity that would be intolerable to any sovereign state now or then ("Before World War I, Serbia financed and armed Serbs within the Austrian Empire", [58] also point to Berlin's infamous "blank check" in early July that finally licensed "Austria-Hungary's mad determination to ...
The student loan debt crisis arose after legislative changes over the years that create a system of largely unchecked lending to millions of students, according to a reporter and author of a new book.