Insufficient funds

(redirected from NSF)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Insufficient Funds

A situation in which one does not have enough deposited in a bank account to cover all checks and/or electronic withdrawals. For example, if Bob writes Joe a check for $200, but there is only $175 in Bob's account, Bob has insufficient funds in his bank account and the bank likely will refuse to transfer the funds to Joe's account. However, some banks make requested transfers with insufficient funds but assess an overdraft fee on the account holder. This is especially true with electronic transactions. See also: Bounce.

Insufficient funds.

If you don't have enough money available in your checking account to cover the checks you've written or electronic debits you've authorized, you have insufficient funds (ISF) or nonsufficient funds (NSF).

A check written against insufficient funds is informally called a returned check, a bounced check, or a bad check. If you write one, your account is considered overdrawn.

Unless you have overdraft protection, which is a line of credit linked to your checking account, your bank will charge you an NSF fee, usually $20 to $35 per check.

The check or an electronic copy is returned unpaid to the person who deposited it. The payee's bank may also charge a fee for depositing a check written against insufficient funds.

References in periodicals archive ?
Additional NSF International services include dietary supplement and nutritional ingredient certification; training, testing and consulting for the pharmaceutical and medical device industries; consumer product testing; drinking water certification and safety audits; sustainability solutions; and management systems registrations (e.
Based in Ann Arbor, Michigan (US), NSF International is a global independent public health organization that writes standards, and tests and certifies products for the food, water, health-sciences, and consumer-goods industries.
3]He NSF is a powerful tool for neutron polarization and polarization analysis over the full kinematical range of cold, thermal and hot neutrons.
Manage, reduce, or eliminate all identified conflict prior to expending NSF funds.
Those certified by NSF undergo extensive testing of all six of the national standards developed by an industry consensus group of regulatory officials, consumer groups, NSF officials and the filtration industry itself.
This acquisition complements NSF International's other health science services to the pharmaceutical, biotech, medical device and dietary supplement industries, including:
Chandana Kathuria has over 24 years of information technology (IT) experience, which includes 11 years at NSF developing and implementing a global IT strategy to support the increasing needs of NSF and its client base.
NSF also helps companies operating in the real estate and construction, pharmaceutical manufacturing, energy (natural gas, oil and petroleum), transportation and mining sectors demonstrate compliance with global and local regulations.
NSF-INASSA's, NSF-Envirolab's and NSF-Servisanea's excellent reputation in both national and international markets for testing accuracy, turn-around time and customer service is a perfect complement to NSF International's independence and integrity," said Mrs.
The standard has an implementation date of July 1, 2012, which was established to allow industry sufficient time to design and produce products from alternate materials to comply with both the revised NSF standard and other physical performance standards.
NSF International's (Ann Arbor, MI) Dietary Supplements Certification Program has introduced a new Good Manufacturing Practices (GMP) for Sport Program to minimize the risk of sports nutrition products containing banned substances.
NETSEC's experience in the federal sector will assist NSF in their federal information technology compliance efforts.