stale cheque - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “stale cheque”

stale cheque

noun [C] UK ( US stale check)
 
 
BANKING
a cheque that was written too long ago and that a bank may refuse to pay when someone tries to get the stated amount: Are banks required to cash a stale check?
(Definition of stale cheque from the Cambridge Business English Dictionary © Cambridge University Press)
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