A check that becomes payable and negotiable on a future date specified.
A check dated for one or more days after it is written. For example, if one dates a check for January 31st, and it is currently January 25th, it is a postdated check. Theoretically, banks do not honor postdated checks, though many do anyway.
The beneficiaries were also required to submit 36 post-dated checks for the monthly rental of equipment which is equivalent to the total amount of assistance and one post dated check (PDC) as payment for option to purchase which is 0.