bounced check


Also found in: Legal, Financial.

bounced check

A written order to a bank for a certain amount of funds that has been dishonored because such funds are not available in the account in question. Primarily heard in US, South Africa. The bank notified me of several bounced checks that my husband has been writing around the country.
See also: bounce, check
References in periodicals archive ?
The CFPB announced on Monday that it is taking enforcement action against a company that allegedly used intimidation tactics to collect debts for bounced checks.
A bounced check is a onetime accident, she said, whereas people can roll over their payday loans for months.
If the buyer claims it has insufficient cash to secure the bounced check, the vendor may insist on payment by credit card.
As such, the average value per bounced check fell from US$ 6,580 in the first ten months of 2015 to US$ 6,522 in the 2016 corresponding period.
No one should be denied access to a bank account because of a bounced check from years ago or because they were a victim of identity theft," Schneiderman said.
Issuing a bounced check is a criminal offense in the UAE.
Eventually, Turner paid $750,000 on the bounced check, but the balance of the debt is still outstanding.
Heintzelman has been administratively suspended from practicing law until he explains a bounced check to the state Bar Counsel.
CAIRO: Egyptian political blogger Alaa Abdel Fattah was released from custody after a long detention at Cairo International Airport on Monday for allegedly dodging a sentence over a bounced check, according to Manal Hassan, his wife, who is also a blogger.
says Washington, who notes that bounced check fees consumed a large portion of her weekly paycheck.
20) to cover an overdraft as they would to handle a bounced check.
The phrase "subject to collection" was intended to protect the seller so that he would not be required to perform under the contract if the Natoli downpayment was dishonored by a bounced check.
And what the insulated media can learn from my bounced check
When a bank pays an overdrawn account it's called an overdraft, and when a bank returns a check on an overdrawn account it is an NSF charge (Non-Sufficient Funds), or a bounced check charge," explained Moebs.
As such, the average value per bounced check fell from US$ 6,527 in the first five months of 2015 to US$ 6,232 in the first five months of 2016.