Back to glossary
Glossary Term

NSF (Non-Sufficient Funds)

Letter N

Definition

A status indicating that an account does not have enough money to cover a cheque. Also called a 'bounced' cheque.

Example

If you write a cheque for $1,000 but only have $800 in your account, it will be returned NSF.

Related terms

Overdraft
Returned Item
Bounced Cheque