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open cheque

   Also found in: Financial 0.01 sec.
open cheque
n
(Economics, Accounting & Finance / Banking & Finance) an uncrossed cheque that can be cashed at the drawee bank


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Some of Hughes's captures do appear over-priced, but that's the levy paid when opposition chairmen and presidents see you coming with an open cheque book.
Decoded, that amounts to an open cheque, meaning that taxpayers will shell out as much cash as is necessary to protect the economy.
While Southgate would love the luxury of an open cheque book, he knows and accepts that he has to work within rigid financial restraints.
 
 
 
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