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If your account has insufficient funds to cover the expense, your card payment will be declined.
FORBES: Credit, Debit And Charge: Sizing Up The Cards In Your Wallet
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Under them, institutions like Bank of America, Wells Fargo and Citigroup approve transactions, even if a customer has insufficient funds in his account.
FORBES: Fed Bans Mandatory Overdraft Protection
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The offences came to light after the care home closed in 2011, and the couple were told there was insufficient funds to pay for her care.
BBC: Imran Ahmed: Care home owner sentenced for ?100,000 theft
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Consider the older executives starting businesses for the first time either out of necessity (due to layoffs or insufficient funds to move into retirement) or out of the desire to fulfill a personal dream.
FORBES: Do Older Or Younger Entrepreneurs Have The Greater Advantage?
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The beneficiaries range from the elderly poor with insufficient funds to pay for their nursing home or in-residence care, to those under 65 who suffer various mental or physical long-term disabilities which require extensive care.
FORBES: Bi-Partisan Entitlement Reduction Efforts Focusing On Deep Cuts To Medicaid
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In addition to regularly monitoring your checking account, try to keep a buffer of cash in there to help prevent overdraft charges or even cancel the overdraft feature altogether (although you may run the risk of late fees from billers if you miss a payment due to insufficient funds).
FORBES: Why Traditional Banking Might Go the Way of the Piggy Bank
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TfL said every day 36, 000 people board a bus and find they have insufficient funds on their Oyster card to pay for their journey and that at least 500 people a day try to pay their fare with a high denomination note for which the driver does not have change.
BBC: London buses offer contactless card payment
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These are often related to the insufficient allocation of funds, procedural hurdles, a lack of culture of information sharing among public servants, and the low level of awareness and demand for government-held information among the general public.
UNESCO: MEDIA SERVICES
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Despite a change in leadership and a streamlining effort over the past six months, the Israeli EV maker has filed a court motion for liquidation, citing insufficient cash to continue operations and a failure to raise the necessary funds.
ENGADGET