Postdated check definition

Postdated check means a check delivered prior to its date, generally payable at sight or on presentation on or after the day of its date. "Postdated check" does not include any promise or order made or submitted electronically by a bor- rower to a licensee.
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Postdated check means a check delivered prior to its date, gen- erally payable at sight or on presentation on or after the day of its
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Postdated check is a check dated later than the date on which the check is written.
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More Definitions of Postdated check

Postdated check means a check delivered prior to its date, generally payable at sight or on presentation on or after
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Postdated check means any check that is dated ahead and bears a date that has not yet arrived. A postdated check shall not be considered a demand instrument.
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Related to Postdated check

  • Certified check means a check accepted by the bank on which it is drawn. Acceptance may be made as stated in subsection (1) or by a writing on the check which indicates that the check is certified. The drawee of a check has no obligation to certify the check, and refusal to certify is not dishonor of the check.

  • E-Check means any check which You authorize the payee to process electronically. For joint accounts, read singular pronouns in the plural.

  • Check means a draft, other than a documentary draft, payable on demand and drawn on a bank or a cashier's check or teller's check. An instrument may be a check even though it is described on its face by another term, such as “money order”.

  • Self-Check means an integrated function that checks for a system failure on a continuous basis at least while the system is active.

  • Application for Payment means a written request submitted by Contractor to A/E for payment of Work completed in accordance with the Contract Documents and approved Schedule of Values, supported by such substantiating data as Owner or A/E may require.