Define: Unpaid Cheque

UK Accounting Glossary

Definition: Unpaid Cheque


Quick Summary of Unpaid Cheque





What is the dictionary definition of Unpaid Cheque?

Dictionary Definition


A cheque that has been sent to the payee’s bank and then through the clearing process only to be returned to the payee because the value cannot be transferred.

If the reason is lack of funds the bank will mark the cheque “refer to drawer”.


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Full Definition of Unpaid Cheque



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https://payrollheaven.com/define/unpaid-cheque/
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Unpaid Cheque. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 22, 2019 https://payrollheaven.com/define/unpaid-cheque/.
Chicago Manual of Style (CMS):
Unpaid Cheque. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/unpaid-cheque/ (accessed: November 22, 2019).
American Psychological Association (APA):
Unpaid Cheque. PayrollHeaven.com. Retrieved November 22, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/unpaid-cheque/

Definition Sources


Definitions for Unpaid Cheque are sourced/syndicated from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th May 2019.