Source: http://www.communitycurrencieslaw.org/legal-definitions/
Timestamp: 2019-04-24 22:51:52+00:00

Document:
Monetary value (Cal. Fin. Code § 2003(m)) – “Monetary value” means a medium of exchange, whether or not redeemable in money.
Stored Value (Cal. Fin. Code § 2003(v)) – “Stored value” means (i) monetary value representing a claim against the issuer that is (ii) stored on an electronic or digital medium and evidenced by an electronic or digital record, and that is (iii) intended and accepted for use as a means of redemption for money or monetary value or payment for goods or services. The term does not include a credit card voucher, letter of credit, or any stored value that is only redeemable by the issuer for goods or services provided by the issuer or its affiliate, except to the extent required by applicable law to be redeemable in cash for its cash value.
Check seller (Cal. Fin. Code Div. 3, c. 1, § 12002) – is a person: (a) who, for compensation, engages, in whole or in part, in the business of selling checks, drafts, money orders, or other commercial paper serving the same purpose, or receiving money as agent of an obligor for the purpose of paying to a person other than the check seller bills, invoices, or accounts of such obligor, or (b) who, without direct compensation and not as an authorized agent for a utility company, accepts money for the purpose of forwarding it to others in payment of utility bills. In the state of California, check sellers are required to obtain a check sellers license.
Cashier’s check (Cal. Com. Code Div. 3 c. 1 § 3104 (g)) means a draft with respect to which the drawer and drawee are the same bank or branches of the same bank.
Teller’s check (Cal. Com. Code Div. 3 c. 1 § 3104 (h)) means a draft drawn by a bank (1) on another bank, or (2) payable at or through a bank.
Traveler’s check (Cal. Com. Code Div. 3 c. 1 § 3104 (i)) means an instrument that (1) is payable on demand, (2) is drawn on or payable at or through a bank, (3) is designated by the term “traveler’s check” or by a substantially similar term, and (4) requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the instrument.
Casher of checks (Mass. 209 CMR § 45.02) is a person or entity engaged in cashing checks, drafts or money orders for a consideration in excess of $1.00 per item.

References: § 2003
 § 2003
 § 12002
 § 3104
 § 3104
 § 3104
 § 45