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Showing posts with label What is cheque?. Show all posts
Showing posts with label What is cheque?. Show all posts

Friday, July 30, 2010

What is cheque?

Cheque is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand. (an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of, a certain person or the bearer of the instrument.)