Extensive Definition
In banking, postdated refers to cheques which have been written
by the maker for a
date in the future. In the United States postdated items are
described in Article 3, Section 113 of the Uniform
Commercial Code. Postdated cheques are often used in
conjunction with payday
loans.
Many banks will honor postdated checks, even if
they are deposited before the postdate. The only exception is when
a business check (usually a loan check or a paycheck) has "Do Not
Deposit Before xx/xx/xxxx" printed on the check.
See also
References
postdated in Portuguese: Cheque
pré-datado
Synonyms, Antonyms and Related Words
ahead of time, anachronistic, antedated, beforehand, behind time,
behindhand, dated, early, foredated, late, metachronistic, misdated, mistimed, out of date, out of
season, overdue,
parachronistic,
past due, prochronistic, tardy, unpunctual, unseasonable