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24 Results for Tag: check

Kiting

Kiting What is 'Kiting' Kiting is the act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial leverage. 2. A fr

Kremlinomics

Kremlinomics What is 'Kremlinomics' A financial buzz word used to describe economic policies which some view to be overly leftist. Kremlinomics alludes to the communist policies of the Rus

National Insurance Contributions (NIC)

National Insurance Contributions (NIC) What is 'National Insurance Contributions - NIC' Payments made by employees and employers into the United Kingdom's National Insurance (NI). National

Offline Debit Card

Offline Debit Card What is 'Offline Debit Card' A card that combines characteristics of both a traditional (online) debit card and a credit card, allowing the cardholder to pay for goods a

Magnetic Ink Character Recognition Line (MICR)

Magnetic Ink Character Recognition Line (MICR) What is 'Magnetic Ink Character Recognition Line - MICR' The information that appears at the bottom of a check that includes the bank's routi

Abandoned Property

Abandoned Property What is 'Abandoned Property' Assets such as cash, stocks, bonds, mutual funds, uncashed checks, land, life insurance policies and the contents of safe deposit boxes that

Rain Check

Rain Check What is 'Rain Check' A rain check is a promise or commitment from a seller to a buyer that an item currently out of stock can be purchased at a later date for the current day's

Bad Credit

DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and comedians Matthew Gorney and Dallas McLaughlin. Bad

Bad Check

Bad Check What is 'Bad Check' A check drawn on a nonexistent account or on an account with insufficient funds to honor the check when presented. "Passing" bad checks is illegal, and the

Canceled Check

Canceled Check What is a 'Canceled Check' A canceled check is a check that has cleared the depositor's account and has been marked "canceled" by the bank. A canceled check has been paid by
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