Business terms and jargon explained. Your business dictionary
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This is where a cheque is written when there is insufficient funds to cover that amount in the bank account. This is normally done when there is expected to be funds in the account when the cheque is cashed.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.