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 ?
Reportedly, the software extends its support for splitting password protected NSF file as well.
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.
NSF promises female representation if elections contested
User can convert data of NSF file to PST whether NSF file is generated under Lotus Domino & Lotus Client.
For more information on NSF International, visit www.
NSF has a similar agreement with the National Football League and the NFL Players Assn.
Figure 1 shows the NSF characteristics as a function of the filter opacity O' for different values of the [.
The EPA intends to commit up to $5 million in fiscal year 2005, NIOSH intends to commit up to $1 million, and the NSF intends to commit up to $1 million.
Leading the development of the NSF is Dr Huw Jenkins, who was appointed as the first Director of Healthcare Services for Children and Young People in Wales.
The NSF understands that technological innovation drives business results," said Scott Geller, President and CEO of Invistics.
But Frodeman's programs share more than his panache and an interdisciplinary mission--as with all REUs, they rely on NSF funding.
National Science Foundation (NSF) Office of Inspector General (OIG) receives and evaluates all allegations of conflict of interest made in connection with NSF activities.