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Definition 1
General: Formal complaint, disapproval, or dissent by an interested party.
Definition 2
Documentary credit: Formal statement by a notary public that a negotiable instrument (such as a bill of exchange) has been dishonored by non-acceptance or non-payment. This statement is addressed to all parties to the instrument, and serves as the basis for initiating legal proceeding against the offender.
Definition 3
Law: Assertion by a party that its specified action should not carry an unintended implication. For example, a buyer may dispute an invoice but still pays it in full 'under protest,' thus it reserves the right to recover the payment if the protest is upheld.
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protest is in the Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
protest appears in the definitions of the following terms:
acceptance,
note,
notice of dishonor,
dishonor by non-acceptance,
objection,
resolution,
collection letter,
deed of protest,
documentary collection
and
protest appears in these other term: acceptance supra protest
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http://www.businessdictionary.com/definition/protest.html