Definitions for "Returned Check"
An on-line check returned because the subscriber had insufficient funds to cover the transaction.
Any check returned to the university with funds uncollected.  Common reasons for return include “not sufficient funds”, lack of signature and closed account.  Such checks are returned to the accepting department and are assessed a $25 charge.
A check that was presented for payment which was dishonored by the check writer's financial institution.
Keywords:  revenue