Postdated Meaning: Definition, Examples, and Translations
๐
postdated
[poสstหdeษชtษชd ]
Definition
date assignment
Postdated refers to a document or check that has a date printed on it that is later than the current date. This means the document or check will not be valid until that future date arrives. It is commonly used in financial contexts, particularly with checks, to indicate that the payment will be made in the future. However, issuing a postdated check can lead to legal issues, as some banks may process it before the indicated date.
Synonyms
deferred, delayed, future-dated.
Examples of usage
- She issued a postdated check to cover next month's rent.
- The contract included a postdated beginning date.
- He wrote a postdated check for the groceries.
- Postdated documents can complicate matters when time is of the essence.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Legal Implications
- In many jurisdictions, postdating a check does not guarantee that it can only be cashed on that day.
- Laws regarding postdated checks can vary by state or country, influencing how they are treated legally.
- In some cases, attempting to cash a postdated check before its date can lead to fees or legal repercussions.
Finance
- Postdated checks are often used in situations where a payment is intended but needs to be delayed.
- This practice can be handy for budgeting, ensuring funds are available at a predetermined time.
- Some companies offer postdated payment options to ease financial pressure on customers.
Cultural Context
- In finance-related movies and books, postdated checks often symbolize procrastination or planning mishaps.
- It can serve as a plot element in narratives about money management and responsibility.
- Culturally, postdated agreements are common in various practices around delayed payments.
Origin of 'postdated'
Main points about word origin
- The term is formed from 'post', meaning 'after', and 'date', referring to the calendar day.
- It has roots in legal and financial practices, established in the 19th century for organizing transactions.
- The combination reflects the practice of dating documents for purposes aligned with future actions.
The term 'postdated' combines the prefix 'post-', meaning 'after,' with the word 'dated,' which refers to the act of assigning a date to something. Its usage dates back to the 19th century, emerging from the need for people to arrange financial transactions where the payment would occur at a later time than the date written on the document. In this context, it often related to banking practices where individuals would want to ensure that their accounts were funded by the time the check was cashed. Over time, 'postdated' became more common in various legal and business contexts as individuals sought to manage payments and obligations effectively.