NSF Cheque

Definition

• NSF means Not Sufficient Funds. If a cheque is returned to the person who wrote it because it is NSF, it means there was not enough money in the person's bank account to cover the amount of the cheque. Account holders are charged a fee for writing NSF cheques.

Synonyms
non-cashable, non-sufficient funds, bounced cheque

Alternate Spellings
NSF Check, NSF

Related Terms and Acronyms

• Certified Cheque (CC) — Acronym,
  • A cheque that a bank guarantees will clear.
  ➥ Bank account transaction code.
• Cheque Clearing — Definition,
  • When you write a cheque to a person or a company, the cheque is typically cashed when deposited into a bank account. Your chequing account is then debited for the amount of the cheque and the cheque is said to have "cleared."
• Insufficient Funds (ISF) — Acronym,
  • When funds are not enough to satisfy the payment of a cheque or draft made on that account; also known as non-sufficient funds (NSF).
• NSF — Definition,
  • NSF means Non-sufficient Funds.
• Payee — Definition,
  • The name of the person to whom the money in a cheque is to go.
• Payor — Definition,
  • One who makes a payment to another party.
• Void Cheque — Definition,
  • A check with the word "VOID" written on the face that cannot be cashed.