A valid check which, although possibly already cashed, has not yet been returned for processing to the financial institution from where it originated.
Related information about outstanding check:
- Outstanding Check Definition | Investopedia
A financial instrument that draws on the funds in an individual's or business' bank account but which has not yet been cashed or deposited by the payee.
- What is outstanding check? - InvestorWords.com
Definition of outstanding check: A valid check which, although possibly already cashed, has not yet been returned for processing to the financial institution from ...
- Outstanding Checks - Banking and Loans at About.com
An outstanding check is a check that that you wrote, but has not yet hit your account. The money is still in your account because your bank has not taken the ...
- What Is an Outstanding Check?
An outstanding check is a valid check that has been written and presented to the payee, but not yet deposited or cleared. It can...
- What is outstanding check? - BusinessDictionary.com
Definition of outstanding check: Check written and delivered to its drawee but not yet presented at the payee bank for payment or, if presented, still in the bank's ...
- Outstanding Check Definition - AccountingTools
Definition: An outstanding check is a check payment that has been recorded by the issuing entity, but which has not yet cleared its bank account as a deduction ...
- outstanding check Definition | Business Dictionaries from ...
outstanding check. one issued by the company but not yet cleared by the bank. It is listed in the cash payments journal for the month but is not included on the ...
- What adjustment is needed when a check that was written in a ...
A check written in any previous month but not appearing on previous bank statements, should have been included in last month's list of outstanding checks.