Examlex
NSF cheques received from customers are debited by the bank to the depositor's account.
Drawer
In banking, the person who writes or creates a check or draft instructing the bank to pay the stated amount to a third party.
Recourse
The legal right to demand a penalty, compensation, or satisfaction for a harm or loss.
Forged
Forged denotes something that has been counterfeit or fraudulently altered or replicated, such as a document, artwork, or signature.
Altered Check
A check that has been tampered with after its original issuance, often changing the name of the payee or the amount, with the intent to defraud.
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