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Uncashed

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Uncashed
Describing a check, bond or other financial instrument that has not been redeemed. That is, an uncashed instrument is something that may be exchanged for cash or some other liquidity but has not been.


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Instead he pledged never to accept the money from the US and the cheques lie uncashed in a drawer in his office - except one that was cashed by mistake at the start of his rule.
In Kentucky, a 1978 act ensures that all money from uncashed pari-mutuel tickets is allocated to the Kentucky Racing Health and Welfare Fund, to provide benefits for racing industry workers.
States are sitting on billions of dollars in unclaimed assets, including lost bank accounts, misplaced bonds and securities, uncashed dividend checks, uncollected utility deposits, and unclaimed life-insurance benefits, according to the National Association of Property Administrators.
 
 
 
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