uncleared effects
noun[plural]
BANKINGukuscheques, etc. that acustomerhas put intotheirbankaccountbut for whichtheirbankhas notyetreceivedpaymentfrom thebanksof thepeoplewhowrotethem:
Thebankexpresslyreservedtherighttopostponepaymentofchequesdrawnagainst unclearedeffects.