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Insufficient Funds


Definition: A situation where an account does not have enough money to cover a payment. When writing a check, you must have enough in the account to pay the check or you've got insufficient funds. May be reported in your ChexSystems file.
Also Known As: Non-sufficient funds (NSF)
My account has insufficent funds so my check bounced.
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  5. Definition of Insufficient Funds in Checking

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