bounced check charge
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Bounced Check — A slang word for a check that cannot be processed because the writer has insufficient funds. A bounced check will often be returned to the writer along with a penalty fee for non sufficient funds. Passing bad checks is illegal, and the crime can… … Investment dictionary
Bad Check — A check drawn on a nonexistent account or on an account with insufficient funds to honor the check when presented. Passing bad checks is illegal, and the crime can range from a misdemeanor to a felony, depending on the amounts involved and… … Investment dictionary
Internet fraud — refers to the use of Internet services to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions, or to transmit the proceeds of fraud to financial institutions or to others connected with the scheme. Internet … Wikipedia
Payday loan — A shop window in Falls Church, Virginia advertises payday loans. A payday loan (also called a paycheck advance) is a small, short term loan that is intended to cover a borrower s expenses until his or her next payday. The loans are also sometimes … Wikipedia
Lenny Dykstra — Center fielder Born: February 10, 1963 (1963 02 10) (age 48) Santa Ana, California Batted: Left Threw: Left … Wikipedia
House banking scandal — The House banking scandal broke in early 1992, when it was revealed that the United States House of Representatives allowed members to overdraw their House checking accounts without risk of being penalized by the House bank (actually a… … 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
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Cheque — A Canadian cheque … Wikipedia
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
Overdraft — I warn you, Sir! The discourtesy of this bank is beyond all limits. One word more and I I withdraw my overdraft! Cartoon from Punch Magazine Vol. 152, June 27, 1917 An overdraft occurs when money is withdrawn from a bank account and the… … Wikipedia
