What is meant by present consideration?

The check must have been tendered for either wages or present consideration. The offense of deposit account fraud is analogous to a theft of the item or services received through the fraudulent presentation of worthless paper when immediate payment is expected. Anything that temporarily separates the exchange will negate the concept of present consideration.
 
Present Consideration Includes:
a. Goods or services tendered for check.
b. Rent that is presently or past due.
c. Child support, pursuant to court order or written agreement.
d. State taxes, whether or not past due.
e. Simultaneous agreement for the extension of additional credit where additional credit is being denied.
 
Present Consideration Does Not Include:
a. Post-dated check.
b. Payment on an installment account or on an open account for goods/services previously received.
c. Request by the defendant to the victim to hold the check.

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