It is called (a.) Insufficient funds, when someone doesn't have enough money to cover a charge.
The terms with following points are as follows,
- Insufficient funds, when there's not enough balance for payment.
- Compound interest, it is a type of interest which counts as persons earning.
- Pending charge, This is a charge which is to be deducted from account.
- Negative balance, This shows minus(-) or negative balance in a account.
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