Economy, asked by sneha5910, 3 months ago

define travellers cheque ​

Answers

Answered by khushi00885
5

Answer:

A traveller's cheque[a] is a medium of exchange that can be used in place of hard currency. They can be denominated in one of a number of major world currencies and are preprinted, fixed-amount cheques designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid the issuer for that privilege.

Answered by Neency
25

a cheque for a fixed amount that may be cashed or used in payment abroad after endorsement by the holder's signature.

ur answer mate

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