Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,545,166 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Not-Sufficient-Funds Check
(redirected from Returned Check)

   Also found in: Legal, Acronyms 0.01 sec.
Not-sufficient-funds check
A bank check having insufficient funds to back it.

Not-Sufficient-Funds Check
A check that a bank refuses to honor because there is not enough money in the payer's checking account to cover the amount of the check. For example, if Bob writes Joe a check for $200, but there is only $175 in Bob's account, then Bob has written a not-sufficient-funds check and the bank will refuse to transfer the funds to Joe's account. It is also called an NSF check, a bad check or a returned check.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Expediting returned checks reduces bank costs and streamlines the entire deposit transmittal process," said Stan Jaslar, chief technology officer at SQN in Rancocas, N.
As electronic payments have increased, returned checks (mostly from address changes) have decreased 43 percent, said Ruth Ann Jeffries, the state disbursement unit manager for child support.
You are extended financial help, you avoid paying a merchant's returned check fee which ranges from $25 to $27 and you avoid the discomfiture brought on by a bounced check.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.