Definitions for Post-dated cheque
This page provides all possible meanings and translations of the word Post-dated cheque
In banking, postdated refers to cheques which have been written by the drawer for a date in the future. In the United States, postdated items are described in Article 3, Section 113 of the Uniform Commercial Code. Postdated checks are often used in conjunction with payday loans. Many banks will honor postdated cheques, even if they are deposited before the postdate because they will hold on to the cheque until the cheque is able to be cashed in. Legal consequences of cashing in a post-dated cheque before its due date vary from country to country.
Translations for Post-dated cheque
From our Multilingual Translation Dictionary
Get even more translations for Post-dated cheque »
Find a translation for the Post-dated cheque definition in other languages:
Select another language:
Discuss these Post-dated cheque definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"Post-dated cheque." Definitions.net. STANDS4 LLC, 2015. Web. 30 Jul 2015. <http://www.definitions.net/definition/Post-dated cheque>.