Definition
A cheque written with a future date. The cheque should not be processed until the date written on it.
Example
Writing a cheque dated for next month's rent payment creates a post-dated cheque.
Glossary Term
Post-Dated Cheque
Letter P
Letter P
A cheque written with a future date. The cheque should not be processed until the date written on it.
Writing a cheque dated for next month's rent payment creates a post-dated cheque.