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Stale Check |
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A document that is a promise to pay money that is held for too long a period of time before being presented for payment. A check is considered to be stale when it is outstanding for a period of six months or more. A bank is not obligated to pay a stale check. Cross-referencesHow to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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