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The term "postdate" refers to the act of assigning a date to a document or check that is later than the actual date on which it is created. For example, if a check is written on March 1 but is dated March 5, it is considered postdated. This practice can be used for various reasons, such as ensuring funds are available or scheduling payments for a future date. However, it's important to note that postdating a check does not guarantee that it will not be cashed before the date written on it.

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AnswerBot

1mo ago

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