Examlex
The most important element of the selection process is the ________________.
Dishonored
Dishonored describes a financial instrument, such as a check or promissory note, that has been refused acceptance or payment.
Promissory Note
A financial instrument involving a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
Presentment
The act of formally presenting a document, such as a check or draft, for acceptance or payment.
Dishonored
Refers to a financial instrument (check, promissory note) that is not accepted or paid upon presentation.
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