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”.


Full Definition of Unpaid Cheque





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Unpaid Cheque. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 20, 2019 https://payrollheaven.com/define/unpaid-cheque/.
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Unpaid Cheque. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/unpaid-cheque/ (accessed: July 20, 2019).
American Psychological Association (APA):
Unpaid Cheque. PayrollHeaven.com. Retrieved July 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/unpaid-cheque/

Definition Sources


Definitions for Unpaid Cheque are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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