notice of dishonor

Definition of notice of dishonor

: a notice by the holder to the drawer and each endorser of a negotiable bill or note that has been dishonored with failure to give such notice to any person liable generally discharging the obligation of that person

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Cite this Entry

“Notice of dishonor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/notice%20of%20dishonor. Accessed 21 Sep. 2020.

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