non-sufficient funds check


non-sufficient funds check
check written from an account lacking sufficient funds to cover it

English contemporary dictionary. 2014.

Look at other dictionaries:

  • Non-sufficient funds — (NSF) is a term used in the banking industry to indicate that a demand for payment (a cheque) cannot be honored because insufficient funds are available in the account on which the instrument was drawn. In simplified terms, a cheque has been… …   Wikipedia

  • Non-Sufficient Funds - NSF — An acronym used in the banking industry to signify that there are non sufficient funds in an account in order to honor a check drawn on that account. Colloquially, this is known as a bounced check or bad check . Banks normally charge a fee to the …   Investment dictionary

  • Check kiting — is the illegal act of taking advantage of the float to make use of non existent funds in a checking or other bank account; it is a form of check fraud. It is commonly defined as intentionally writing a check for a value greater than the account… …   Wikipedia

  • National Check Trust — National Check Trust, Inc. (NCT) Type Private Industry Risk Management Founded 1991 Headquarters Miramar, FL, USA Key people Martin (Marty) Halpern Owner President CEO Thom …   Wikipedia

  • Bounced Check — A slang word for a check that cannot be processed because the writer has insufficient funds. A bounced check will often be returned to the writer along with a penalty fee for non sufficient funds. Passing bad checks is illegal, and the crime can… …   Investment dictionary

  • Insufficient Funds — Occurs when an account cannot provide adequate funds to satisfy the demand of a payment. Also referred to as non sufficient funds , or NSF . Insufficient funds occur when someone tries to purchase an item using a check or debit card without… …   Investment dictionary

  • Rubber check — Saltar a navegación, búsqueda Es una expresión idiomática estadounidense que funciona en conjunto como un sustantivo. Contenido 1 Significado según los diccionarios 2 Sinónimos o expresiones equivalentes en los diccionarios …   Wikipedia Español

  • Electronic funds transfer — or EFT refers to the computer based systems used to perform financial transactions electronically.The term is used for a number of different concepts: * Cardholder initiated transactions, where a cardholder makes use of a payment card * Direct… …   Wikipedia

  • Overdraft — I warn you, Sir! The discourtesy of this bank is beyond all limits. One word more and I I withdraw my overdraft! Cartoon from Punch Magazine Vol. 152, June 27, 1917 An overdraft occurs when money is withdrawn from a bank account and the… …   Wikipedia

  • Cheque — A Canadian cheque …   Wikipedia


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