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overdraft
(redirected from Bounce protection)

   Also found in: Legal, Financial, Wikipedia 0.10 sec.
overdraft [′ō·vər‚draft]
(metallurgy)
Upward curving of a piece of metal after leaving the rolls during forming, due to higher speed of the lower roll.


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In her new position, LoBello will be responsible for the operations department, electronic funds, and the bounce protection program.
HOUSTON -- "The Federal Reserve Board (FRB) is on the right track with its recent ruling on share draft/check overdraft fees and its proposed rules to reign in the abusive practices of some courtesy pay and bounce protection programs," says John M.
Not all checking account overdraft protection programs are created equal," a leading vendor of such bounce protection programs warned attendees today at the Consumer Federation of America's Financial Issues Conference.
 
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