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returned check

   Also found in: Financial, Acronyms 0.01 sec.
See: bad check


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Expediting returned checks reduces bank costs and streamlines the entire deposit transmittal process," said Stan Jaslar, chief technology officer at SQN in Rancocas, N.
As electronic payments have increased, returned checks (mostly from address changes) have decreased 43 percent, said Ruth Ann Jeffries, the state disbursement unit manager for child support.
You are extended financial help, you avoid paying a merchant's returned check fee which ranges from $25 to $27 and you avoid the discomfiture brought on by a bounced check.
 
 
 
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