n. a check delivered now with a written date in the future, so that it cannot be cashed until that date. The danger to the recipient is that such a check is legally only a promissory note due at the later date, and if the account is closed or short when the check is presented at the bank, the payee has no rights to demand payment by the bank or cla...
Found on
http://dictionary.law.com/Default.xhtml?selected=1560
n.A check isuued at present but with a later maturity date so it cannot get encashed at the present date.The check is like a promissory note and no legal action can be taken if the account closes down or there is shoratge of funds.
Found on
http://www.encyclo.co.uk/local/21213
A check that is dated in the future, so it cannot be cashed until that date.
Found on
http://www.nolo.com/dictionary/postdated-check-term.html
No exact match found.
