diff --git a/convex-core/src/main/cvx/asset/share.cvx b/convex-core/src/main/cvx/asset/share.cvx
index 8aee42447..8dae17188 100644
--- a/convex-core/src/main/cvx/asset/share.cvx
+++ b/convex-core/src/main/cvx/asset/share.cvx
@@ -149,7 +149,7 @@
             _ (cond (< off quantity) (fail :STATE "insufficient offer"))
             bal (nth rec 0)
             nbal (- bal quantity)
-            _ (cond (< nbal 0) (fail "insufficent balance to accept"))
+            _ (cond (< nbal 0) (fail :FUNDS "insufficent balance to accept"))
             noff (- off quantity)
             nos (cond (<= noff 0) (dissoc os receiver) (assoc os receiver noff))
             nrec [nbal nos]]
diff --git a/convex-core/src/main/cvx/convex/asset.cvx b/convex-core/src/main/cvx/convex/asset.cvx
index 2096e64f1..5b9a8a6bb 100644
--- a/convex-core/src/main/cvx/convex/asset.cvx
+++ b/convex-core/src/main/cvx/convex/asset.cvx
@@ -42,7 +42,9 @@
                         "If asset contains multiple assets, accepts each in turn. MUST fail if the asset cannot be accepted."]
           :examples    [{:code "(accept sender [fungible-token-address 1000])"}]
           :signature   [{:params [sender asset]}
-                        {:params [sender asset-path quantity]}]}}
+                        {:params [sender asset-path quantity]}]
+          :errors      {:STATE "If there is no sufficient offer to accept."
+	  					:FUNDS "If sender has insufficient balance."}}}
 
   ([sender asset]
   (cond 
diff --git a/convex-core/src/main/cvx/convex/fungible.cvx b/convex-core/src/main/cvx/convex/fungible.cvx
index b2c00cb3f..a8c7c5a61 100644
--- a/convex-core/src/main/cvx/convex/fungible.cvx
+++ b/convex-core/src/main/cvx/convex/fungible.cvx
@@ -131,7 +131,7 @@
 
                (< sendbal
                   quantity)
-               (fail "Sender token balance is insufficient")
+               (fail :FUNDS "Sender token balance is insufficient")
 
                (let [new-offer (- offer
                                   quantity)] 
diff --git a/convex-core/src/test/java/convex/lib/AssetTester.java b/convex-core/src/test/java/convex/lib/AssetTester.java
index e21c358cb..9fded922c 100644
--- a/convex-core/src/test/java/convex/lib/AssetTester.java
+++ b/convex-core/src/test/java/convex/lib/AssetTester.java
@@ -80,14 +80,14 @@ public static void doFungibleTests (Context ctx, ACell token, Address user) {
 			assertCVMEquals(BAL,ctxx.getResult());
 			assertEquals(BAL,evalL(ctxx,"(asset/get-offer token *address* *address*)"));
 			
-			// accepting one more token than offered at this point should be error
+			// accepting one more token than offered at this point should be :STATE error
 			assertError(step(ctxx,"(asset/accept *address* [token (inc BAL)])"));
 
 			ctxx=step(ctxx,"(asset/accept *address* token BAL)");
 			assertCVMEquals(BAL,ctxx.getResult());
 			assertCVMEquals(BAL,evalL(ctxx,"(asset/balance token)"));
 			
-			// accepting one more token at this point should be error
+			// accepting one more token at this point should be :STATE error
 			assertStateError(step(ctxx,"(asset/accept *address* [token 1])"));
 
 			// Offer / accept of half balance should work
@@ -97,6 +97,11 @@ public static void doFungibleTests (Context ctx, ACell token, Address user) {
 			ctxx=step(ctxx,"(asset/accept *address* token (div BAL 2))");
 			assertCVMEquals(BAL/2,ctxx.getResult());
 			assertCVMEquals(BAL,evalL(ctxx,"(asset/balance token)"));
+			
+			// Offer / accept of more than balance should fail with :FUNDS
+			ctxx = step (ctxx,"(asset/offer *address* token (inc BAL))");
+			assertCVMEquals(BAL+1,ctxx.getResult());
+			assertFundsError(step(ctxx,"(asset/accept *address* [token (inc BAL)])"));
 
 			// Set back to zero offer
 			ctxx = step(ctxx,"(asset/offer *address* [token 0])");