TERMIUM Plus®

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TIRAGE CROISE [1 record]

Filter results by subject field Alphabetical list of terms

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Alphabetical list of terms

Record 1 1998-11-03

English

Subject field(s)
  • Banking
DEF

In a situation where a person having an account at one bank and an account at another bank, then draws a cheque on the first account and pays it into the second account, then on the day or day before the cheque is presented for payment, a cheque on the second account is drawn to meet the cheque on the first account, thereby a credit balance is shown on both accounts although there are in fact uncleared balances. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Banque

Spanish

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