Difference between revisions of "Nonsufficient funds"
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| − | [[Nonsufficient funds]] ([[NSF]]) is notation indicating that a [[check]] has been written on an [[financial account|account]] that lacks sufficient funds to back it up. | + | [[Nonsufficient funds]] (also known by its acronym; hereinafter, [[NSF]]) is notation indicating that a [[check]] has been written on an [[financial account|account]] that lacks sufficient funds to back it up. |
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*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| − | ==Related | + | ==Related lectures== |
*[[Principles of Accounting]]. | *[[Principles of Accounting]]. | ||
| − | [[Category: Accounting]][[Category: Articles]] | + | [[Category: International Accounting]][[Category: Articles]] |
Latest revision as of 23:52, 4 January 2019
Nonsufficient funds (also known by its acronym; hereinafter, NSF) is notation indicating that a check has been written on an account that lacks sufficient funds to back it up.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Nonsufficient funds (NSF). Notation indicating that a check has been written on an account that lacks sufficient funds to back it up.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
