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LSDefine

Simple English definitions for legal terms

no funds

Read a random definition: recharacterization

A quick definition of no funds:

When you write a check but there isn't enough money in your bank account to cover it, the bank will mark the check with "no funds". This means that the check can't be cashed or deposited because there isn't enough money to pay for it. It's important to make sure you have enough money in your account before writing a check to avoid this situation.

A more thorough explanation:

Definition: An endorsement marked on a check when there are insufficient funds in the account to cover the check. It means that the person who wrote the check does not have enough money in their account to pay for it.

Example: John writes a check for $500 to pay for his rent, but he only has $200 in his account. When the landlord tries to cash the check, it comes back with a "no funds" endorsement because John did not have enough money in his account to cover the check.

This example illustrates how a "no funds" endorsement works. It is a way for banks to inform the recipient of a check that the person who wrote the check does not have enough money in their account to pay for it.

no-fault auto insurance | Nolan Act

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General chat about the legal profession.
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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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