NSF check

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.

NSF check

A check not honored by the bank on which it was written because of insufficient funds in the drawer's account. An NSF check is an overdraft.
References in periodicals archive ?
Among her accomplishments, she developed a surety bond program to help a commercial customer overcome its inability to pay cash deposits and created a non-sufficient funds check process for multiple offenders leading to a 48% reduction of NSF check customers over a three-year period.
Unfortunately, as a part of doing business, occasionally you may receive an NSF check from one of your customers.
For this privilege, the account holder pays the bank the same fee to pay his/her NSF check that would be paid if the check were returned.
This verification will significantly reduce the number of non-sufficient fund (NSF) checks and reduces efforts to obtain those funds from the check writer to cover the purchases made with a NSF check. More details about the MPCC program will be provided in the near future.
In a statement to TAP, on 5 August, spokesman for the Court of First Instance, Sofiene Selliti, explained that Slim Riahi was sentenced in absentia to prison sentences for issuing NSF check with immediate execution.
When I started with this company, I was challenged to collect a $90,000 receivable based on an NSF check tendered by a magician, "The Great Prestidigitator" (not his real name).
Sure, you can pursue criminal charges on the NSF check, but isn't that really just a collection strategy?
The customer files personal bankruptcy and schedules your claim, which is based on the NSF check, as unsecured and to be discharged through the bankruptcy.
("JWJ") in exchange for a regular check in the amount of $194,286.71 that bounced (the "NSF Check").
Indeed, a vendor may be promptly notified by the bank of an NSF check. What is the impact of Check 21 and reducing the risk of a bust-out?
* Post-dating and NSF checks. A customer post-dating checks shows that the customer has insufficient funds to meet vendor obligations, as does the NSF check.
You are well aware that with your customer's bankruptcy filing, all collection efforts on the NSF check must immediately cease because of the automatic stay.