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单词 dishonor by non-payment
释义

dishonor by non-payment

Definitions
1. Failure of a drawee to pay a valid bill of exchange on its due date. This failure gives the drawer the legal right to the start a court action called protest.
2. Failure of a drawer to pay a valid check on presentment. In many jurisdictions, the drawer of a check that is dishonored due to insufficient funds is guilty of a criminal offense.
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更新时间:2025/4/16 21:17:49