Enter a word or phrase in any language 👆
Language:
Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is long-dated - definition
CHEQUE WITH A FUTURE DATE
Postdated check; Postdated cheque; Post-dated; Post dated; Postdated; Postdate; Post-dated check
long-dated
¦ adjective (of securities) not due for early payment or redemption.
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.
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.
Examples of use of long-dated
1. Of that, '4;Ł17.'bn would be long–dated conventional gilts and a proportion of the '4;Ł10.8bn index–linked gilts would be long–dated.
2. Meanwhile, the supply of long–dated gilts has not kept pace with this demand." The DMO has resisted calls for emergency supplies of long–dated paper.
3. Pension fund liabilities are calculated using long–dated bond yields.
4. Prices in long–dated bonds in the eurozone were lower.
5. Long–dated issues have become increasingly popular among governments since they allow them to borrow at cheap rates while there is demand from pension funds under pressure to better match their long–dated liabilities.