unavailable funds

Definition

Monies held in an account which is not immediately available for use by the account holder. Funds may be unavailable for several reasons including a temporary hold placed on deposits to make certain checks deposited clear the issuing account, holds placed for pending purchases or holds placed as a result of a garnishment or other action against the account. Unavailable funds may also be a reject response given when a party attempts to make a purchase against an account that has insufficient funds to cover the purchase cost.

单词	unavailable funds
释义	unavailable funds Definition Monies held in an account which is not immediately available for use by the account holder. Funds may be unavailable for several reasons including a temporary hold placed on deposits to make certain checks deposited clear the issuing account, holds placed for pending purchases or holds placed as a result of a garnishment or other action against the account. Unavailable funds may also be a reject response given when a party attempts to make a purchase against an account that has insufficient funds to cover the purchase cost.
随便看	capital campaign capital charge capital commitment capital control capital cost capital cost allowance (CCA) capital decay capital efficiency capital employed capital equipment capital expenditures budget capital expenditure to sales ratio capital flight capital formation capital funds capital gain (loss) holding period capital gains distribution capital gains tax capital goods capital goods price index (CGPI) capital grant capital growth capital improvement capital inflow Capital Infusion