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Concept information

Término preferido

bad checks  

Definición

  • A bad check, also known as a bounced check or a nonsufficient funds (NSF) check, is a check drawn on a nonexistent account or on an account with insufficient funds to honor the check when presented. There is a presumption by the acceptors of checks that an account is open and that there are sufficient funds available to cover the checks. [Source: Encyclopedia of White-Collar and Corporate Crime; Bad Checks]

Concepto genérico

Pertenece al grupo

URI

http://data.loterre.fr/ark:/67375/N9J-CS3JD8Z2-9

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