Teller cashed check generally means that a check on your account was cashed at the teller window and a memo hold was placed on your account for the remainder of the day to prevent the bank from allowing an overdraft. Once the end-of-day processing is completed and the check actually has posted to your account, the memo post goes away.
It also might mean that a check not drawn on your bank was cashed, based on the strength of your account (probably a check payable to you, cashed at the teller). The bank may or may not place a hold on your account when accommodating that sort of transaction. For a detailed answer, contact your bank, since it's responsible for placing the description on your account record.
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Teller cashed check generally means that a check on your account was cashed at the teller window and a memo hold was placed on your account for the remainder of the day to prevent the bank from allowing an 