ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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NSF CHECK Definition
NSF CHECK see NOT SUFFICIENT FUNDS (NSF) CHECK.
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UNDERSTATED is to represent as less than is the case.
ENCUMBERED is when an asset is owned by one party subject to the legal claims of another party. One example is a homeowner that owns a home that is subject to (encumbered by) the claims of the mortgage holder.
