NOT SUFFICIENT FUNDS (NSF) CHECK Definition

Bookmark and Share

NOT SUFFICIENT FUNDS (NSF) CHECK is a bank check written against an inadequate balance. Also called insufficient-funds check and, informally, a bounced check.

Learn new Accounting Terms

REGULAR SETTLEMENT is 1) For short-term or U.S. Trea­sury securities, the settlement, or payment and delivery, is the next business day after the trade date. 2) For cor­porate notes, bonds and municipal securities, settlement is in five business days. 3) For mortgage-backed securities, settlement is after the 15th of the month. 4) For Euro­dollar Certificates of Deposit, settlement is two business days after the trade date. Also known as "Regular Way.'

FAIRNESS OPINION is an investment banker's professional opinion as to the price an acquiring firm's is offering in a takeover or merger.

Suggest a Term

Enter Search Term

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