BOUNCED CHECK Definition

Bookmark and Share

BOUNCED CHECK is a check written for an amount exceeding the checking account balance that is subsequently rejected for payment due to insufficient funds.

Learn new Accounting Terms

ENDOWMENT POLICY is a combination of life assurance and investment whereby the sum assured is paid at a predetermined date or on death, if earlier.

APE is Account Period Ending (Normally followed by the date the accounting period ends). See also Accounting Period.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.