returned check


Also found in: Financial, Acronyms.
See: bad check
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A recent survey of returned checks processed by the Federal Reserve indicates that institutions receive most checks that are returned unpaid by the day on which they must make funds available for withdrawal under the temporary availability schedule.
If the returned check is more than $250, a jail sentence could result.
A returned check [could break a relationship with the provider of a regular service, like a day care or a landlord," Oldag said.