Understanding Outstanding Checks: Definition, Reasons, Consequences, And Resolving Process

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  • 14 May 2024
One part of check writing that can take some practice is the handling of an outstanding check. Outstanding checks aren’t necessarily inherently bad; however, there are some risks and downsides to have checks linger. Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. This content is not provided or commissioned