One of the mysteries of the English language finally explained.
- ‘He proposed that Grant send with each order a cheque for 30% of the order and a letter of credit for 50% of the order, cashable at what he referred to as the billing date.’
- ‘Go ahead with the tournament and take a chance on the checks being cashable when the banks open.’
- ‘The efficiency challenge, which was set by the Government, means it is obligatory for the council to make a 2.5 per cent saving every year for three years, of which at least half must be cashable finance.’
- ‘The vast bulk of state benefits would be paid electronically using ‘a plastic card’, rather than through vouchers cashable at post offices.’
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