15 entries
Account Payee Chequeएकाउन्ट पेयी चेक (खातामा मात्र)A crossed cheque marked "account payee" (खातामा मात्र), which the bank may pay only by crediting the account of the person named as payee.Cheques & InstrumentsBearer Chequeधारक चेक (बियरर चेक)A cheque payable to whoever presents it ("pay ... or bearer"), which can be transferred simply by handing it over.Cheques & InstrumentsCancelled Chequeरद्द गरिएको चेकA cheque marked as cancelled, usually with two lines and the word "CANCELLED" across it, so that it cannot be used for payment; often used only to show account details.Cheques & InstrumentsChequeचेकA bill of exchange drawn on a specified bank and payable on demand (Negotiable Instruments Act, 2034, Section 2(ज)).Cheques & InstrumentsCheque Bounce (Dishonour)चेक अनादर (चेक बाउन्स)Refusal by the drawee bank to pay a cheque, most commonly because the drawer's account has insufficient funds, but also for reasons such as signature mismatch, closed account or stop payment.Cheques & InstrumentsCheque Clearingचेक क्लियरिङ (चेक समाशोधन)The process by which a cheque deposited at one bank (presenting bank) is sent to the bank on which it is drawn (paying bank) for payment, and the resulting amounts are settled between the banks.Cheques & InstrumentsCrossed Chequeरेखाङ्कित चेकA cheque with two parallel lines across its face, which can be paid only to a banker (general crossing) or to the named banker (special crossing), not in cash over the counter.Cheques & InstrumentsDemand DraftDDड्राफ्ट (डिमान्ड ड्राफ्ट)A bill of exchange drawn by one office of a bank on another of its offices, payable on demand to a specified person or order (NI Act, 2034, Section 2(झ)).Cheques & InstrumentsDrawer, Drawee and Payeeड्रअर, ड्रयी र भुक्तानी पाउने व्यक्तिThe three basic parties to a bill of exchange or cheque: the drawer who writes it, the drawee who is directed to pay, and the payee who is to receive payment.Cheques & InstrumentsEndorsementदरपीठSigning on the front or back of a negotiable instrument, or on an attached slip, for the purpose of negotiating it (NI Act, 2034, Section 2(थ)).Cheques & InstrumentsGood for Payment ChequeGFPगुड फर पेमेन्ट चेकA customer's cheque on which the drawee bank certifies, at the holder's request, that funds are available and reserved, so that payment is assured.Cheques & InstrumentsNegotiable Instrumentविनिमेय अधिकारपत्रA written instrument for payment of money that can be transferred by delivery or endorsement so that the transferee becomes the holder; under Nepal's NI Act, 2034 it means a promissory note and a bill of exchange, which includes cheques and drafts.Cheques & InstrumentsOrder Chequeअह्राएकोलाई भुक्तानी हुने चेक (अर्डर चेक)A cheque payable to a named person or to anyone that person orders, transferable only by endorsement and delivery.Cheques & InstrumentsPost-dated ChequePDCपोस्ट डेटेड चेक (अग्रिम मितिको चेक)A cheque bearing a date later than the date it is issued, which cannot be paid before that date.Cheques & InstrumentsStale Chequeम्याद नाघेको चेक (स्टेल चेक)A cheque presented after its validity period has expired, counted from the date written on it, which banks will not pay.Cheques & Instruments