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What (who) is dated$18939$ - definition
CHEQUE WITH A FUTURE DATE
Postdated check; Postdated cheque; Post-dated; Post dated; Postdated; Postdate; Post-dated check
post-dated
adjective affix or assign a date later than the actual one to (a document or event).
Post-dated cheque
In banking, a post-dated cheque is a cheque written by the drawer (payer) for a date in the future.
postdated check
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 claim that the delivery of a bad check was criminal.
Wikipedia
Post-dated cheque
In banking, a post-dated cheque is a cheque written by the drawer (payer) for a date in the future.
Whether a post-dated cheque may be cashed or deposited before the date written on it depends on the country. A Canadian bank, for example, is not supposed to process a post-dated cheque and if it does so by mistake, the cheque writer may ask their bank to correct the error. In the United States and the UK, post-dated cheques are negotiable instruments and can be drawn upon at any time, while in India and Australia post-dated cheques are not payable until the date written on the cheque.
