dishonored checks
Rejected bank drafts
Dishonored checks are checks that a bank refuses to pay, usually because the account lacks sufficient funds.
Also called bounced checks or returned checks.
The term applies whether the failure is accidental or deliberate: The landlord threatened eviction after two dishonored checks.
Writing dishonored checks knowingly can constitute fraud.
- overdraftSpending past zero
- bank feesCosts for account services
- civil penaltiesNon-criminal legal sanctions
- insufficient fundsLacking required money
- stop paymentBank order halting disbursement
criminal penalties · legal recourse · collection agencies · debt collection · payment plan · restitution · financial liability · financial hardship · small claims court · fraud detection · bad faith
dishonored checkscertified checks
Bank-assured payment instruments
cashier's checks · bank drafts · money orders · wire transfers
dishonor, dishonored, dishonoring, dishonors, honor, honored, honoring, honors, honorable