Define bounced check

Banks return or bounce these checks, also known as a rubber. When an account has insufficient funds , the check writer’s bank will reject the payment request and return the check (or the electronic request) to the payee’s bank. When there is not enough money in a bank account to cover the value of a check, the bank may do one of two things. A check which a bank returns because it is not payable due to insufficient funds. When a check is refused by a bank and returned to the person who wrote it due to insufficient funds, it is called a bounced check.

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English dictionary definition of bounce. To rebound after having struck an object or a surface. Check returned unpaid (dishonored) after presentation at the bank on which it was drawn (the payee bank). Average bounced - check fees charged by the merchant and bank total $53.

Anger at bank overdraft fees gets hotter, bigger and louder. A Confederate cannon ball hit the iron side of the Monitor and bounced away. A glimmering film of gold popped into placeand fifty - caliber rounds impacted and bounced off.

Under ordinary circumstances of writing a bounced check, you’ll at most owe fees and the check amount.

If you fail to pay, the recipient could involve a collection agency, which in turn will report the activity to the credit bureaus and damage your credit score. Bounced is slang for bank returned check unpaid. Check : A check is a written, date and signed instrument that contains an unconditional order from the drawer that directs a bank to pay a definite sum of money to a payee.

In Analytics, a bounce is calculated specifically as a session that triggers only a single request to the Analytics server, such as when a user opens a single page on your site and then exits without triggering any other requests to the Analytics server during that session. A bounce is a single-page session on your site. It is important to know that bank fee is only a single aspect in case of a cheque bounce. For example, if in a situation a person writes a check to the electronic store and the check bounces, then the store may reserve the right to redeposit that cheque along with a bounced cheque fee.

First, let us define our terms. A check is a cash instrument for payment or commercial trading, and not for the purpose of credit. The person who issues a check is called the drawer, who instructs the drawee (one of the banks) to allow a designated beneficiary appointed by the drawer to collect a specified sum from the drawer’s bank account.

What is an outstanding check ? Definition of Outstanding Check. An outstanding check is a check that a company has issued and recorded in its general ledger accounts, but the check has not yet cleared the bank account on which it is drawn. A check that is not paid by the bank on which it is written (drawn). Often the reason a check is not paid is that the account on which the check was drawn did not have a sufficient balance. In that case the check is returned as NSF or not sufficient funds.

Check definition, to stop or arrest the motion of suddenly or forcibly: He checked the horse at the edge of the cliff.

Check definition is - to inspect, examine, or look at appraisingly or appreciatively —usually used with out or over. How to use check in a sentence. Synonym Discussion of check. Bounce: The term bounce has several different IT related meanings, yet none of them include bouncy balls.

The most common definition of bounce used in the computer world refers to e-mail messages. Rejected check is bounced cheque 1. After the money is deducted from your checking account, the bank will “cancel” the check, so it can no longer be used. Bounce e-mail (sometimes referred to as bounce mail) is electronic mail that is returned to the sender because it cannot be delivered for some reason.

Unless otherwise arrange bounce e-mail usually appears as a new note in your inbox. There are two kinds of bounce e-mail: hard bounce and soft bounce. Hard bounce e-mail is permanently bounced back to the sender because the address is invalid.

If you receive a check that is stamped with uncollected funds or insufficient funds, it means there was not enough money in your account to pay the amount the check was written for and the.