closed bracket.
what should be said.
closed bracket.
what should be said.
Definition: In the context of finance and accounting, an "uncashed deposit" refers to a financial transaction that has not yet been processed or recorded in the bank account. This could be due to various reasons such as insufficient funds in the account, missing paperwork, or a technical issue with the system. The term is often used in the context of transactions that have not yet been completed and are not yet recorded in the ledger.
Definition: The term "encashed" refers to a financial transaction in which the actual amount of money that is exchanged or transferred has been reduced. This can be done through various means, such as exchanging currency for other currencies or transferring funds from one account to another. In this context, the term "encashed" implies that the value of the asset or debt has been reduced to its original form, which may not reflect its true market value.