A check for which a maker's bank account has inadequate money to pay the check is known as a(n) ________.

Question

Quizplus · Accepted Answer

A check for which a maker's bank account has inadequate money to pay the check is known as a nonsufficient funds (NSF) check. An outstanding check is a check that has been written but has not yet been presented to the bank for payment. A restrictive check is one that has specific instructions from the maker about how the funds can be used. A canceled check is a check that has been processed by the bank and is no longer valid.

A Check for Which a Maker's Bank Account Has Inadequate