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Noncash item definition

Noncash item means an item that would otherwise be a check, except that—
Noncash item means an item that a receiving Reserve Bank classifies in its operating circulars as requiring spe- cial handling. The term also means an item normally received as a cash item if a Reserve Bank decides that special conditions require that it handle the item as a noncash item.
Noncash item means an item han- dled by a Reserve Bank as a noncash item under the Reserve Bank’s ‘‘Col- lection of Noncash Items Operating Circular’’ (e.g., a maturing bankers’ ac- ceptance or a maturing security, or a demand item, such as a check, with special instructions or an item that has not been preprinted or post-en- coded).

Examples of Noncash item in a sentence

  • Non-cash item (Note 4) – Saving £80,000k The difference of £80,000k is the result of the difference in the nominal discount rates used by the Government Actuary’s Department to prepare the estimated movement in the pension scheme liability at 1 April 2005 for the Spring Supplementary Estimate and the Report of the Actuary for the 2005-06 Resource Accounts (discount rates of 6.3% and 5.4%, respectively).2.

  • Non-cash item donations may receive an official tax receipt if fair market value is determined per Canada Revenue Agency guidelines.

  • Depreciation and Amortization Expense Finance costs (Net of Interest Income) Comprehencive IncomeProvision for doubtful debts Provision for stock obsolescenceDividend Income from Non-current Investment Non-cash item - Prov.


More Definitions of Noncash item

Noncash item means an item that would otherwise be a Check, except that: (i) a passbook, certificate or other document is attached; (ii) it is accompanied by special instructions, such as a request for special advice of payment or dishonor; (iii) it consists of more than a single thickness of paper, except a Check that qualifies for handling by automated check processing equipment; or (iv) it has not been pre-printed or post-encoded in magnetic ink with the routing number of the Payor Financial Institution.
Noncash item has the same meaning as in the Expedited Funds Availability Act. “RDC” means remote deposit capture.
Noncash item means an item that would otherwise be a Check, except that: (i) a passbook, certificate or other document is attached; (ii) it is accompanied by special instructions, such as a request for special advice of payment or dishonor; (iii) it consists of more than a single thickness of paper, except a Check that qualifies for handling by automated check processing equipment; or (iv) it has not been pre- printed or post-encoded in magnetic ink with the routing number of the Payor Financial Institution.
Noncash item means an Item that would otherwise be an Item, except that:
Noncash item means an item that a receiving Reserve Bank classifies in
Noncash item means an item that a receiving Reserve Bank classifies in its operating circulars as requiring spe-
Noncash item means an item that a receiving Reserve Bank classifies in its operating circulars as requiring spe- cial handling. The term also means an