not-sufficient-funds check

not-sufficient-funds check
A bank check having insufficient funds to back it. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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 — n 1: something that limits or restrains see also checks and balances 2: a written order signed by its maker directing a bank to pay a specified sum to a named person or to that person s order on demand see also negotiable instrument compa …   Law 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

  • sufficient — 01. Two hours should be [sufficient] time to finish the work. 02. Mark hadn t [sufficiently] cleaned the carpet, so we could still see the wine stains. 03. I question the [sufficiency] of a single one quart bottle of water for a half day hike on… …   Grammatical examples in English

  • check —    The most familiar bill of exchange. A draft on a particular account in a bank in which the drawer or maker (i.e., the person who has the account and signs the check) directs the bank to pay a certain amount to a recipient, the payee. Funds are …   Business law dictionary

  • NSF Check — Banking term meaning that there are not sufficient funds to cover check drawn on account. A check that is dishonored on presentment for payment because the drawer does not have sufficient funds in his or her account to cover its payment. See also …   Black's law dictionary

  • NSF Check — Banking term meaning that there are not sufficient funds to cover check drawn on account. A check that is dishonored on presentment for payment because the drawer does not have sufficient funds in his or her account to cover its payment. See also …   Black's law dictionary

  • rubber check —  A check for which there are not sufficient funds, a bounced check …   American business jargon

  • 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

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