| 释义 |
bounced check
bounced checkA written order to a bank for a certain amount of funds that has been dishonored because such funds are not available in the account in question. Primarily heard in US, South Africa. The bank notified me of several bounced checks that my husband has been writing around the country.See also: bounce, checkBounced check
Ask a LawyerQuestionCountry: United States of America
State: FloridaI have recently found out that a check I wrote over a year ago bounced and never got paid and that I have a warrant out for my arrest. the amount of the check was $302.00 and I am currently unable to pay it. I was working and was supposed to get a paycheck that never came. my question is what am I looking at? jail time? I am worried about the situation and how I should go about handling itAnswerIf you show it was an accident and you did not know, jail time is not likely--Bounced Check
Bounced CheckA check from which funds are not transferred because there are insufficient funds in the payer's account. For example, suppose Joe writes a check to Bob for $500, but there is only $400 in Joe's checking account. When Bob deposits the check, his bank will refuse to credit the $500 to his account, because Joe's bank will advise that Joe does not have enough money to honor the check. In this case, the check is called a bounced check. In the United Kingdom, the common term is an unpaid cheque. |