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cheques are type of money

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cheques are type of money

    • Posted by Krishna Modi 3 years, 4 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Preeti Dabral 3 years, 4 months ago

    Cheques are also called negotiable instruments. In banking terms, a negotiable instrument is a document that promises its bearer a payment of the specified amount either on furnishing the document to the banker or by a given date.

    0Thank You

    Rohit Singh 3 years, 5 months ago

    If you are considering a bank cheque as a money then you are wrong as it is only a medium of money exchange..

    0Thank You

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