Concept information
Preferred term
bad checks
Definition
- 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]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/bad_checks
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