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Types of cheques
4 different types of cheques.
Term | Definition |
---|---|
Postdated cheque | A cheque that has a date on it that is sometime in the future. |
Antedated cheque | A cheque that contains a date that is sometime in the past. |
Stale cheque | A cheque which is more than six months old and cannot be used. |
Blank cheque | A signed cheque which has some important piece of information missing,for example, the date. |