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
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