deed of protest
Definition
Document issued by a presenting bank to the drawee of a bill of exchange that has been dishonored by non-acceptance or non-payment by its drawer. It evidences that a protest action against the drawer has been carried out, as instructed by the drawee in collection documents.
deed of protest is in the Banking, Commerce & Finance, Corporate, Commercial, & General Law and International Trade & Relations subjects.
deed of protest appears in the definition of the following term: deed
This content can be found on the following page:
http://www.businessdictionary.com/definition/deed-of-protest.html
email to a friend
print this definition
cite this definition
link to this page