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Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money to a specified person or the bearer under particular terms.
Dishonored
Refused; specifically, a payment that has been refused despite a holder’s presenting an instrument in a timely and proper manner.
Refusal To Pay
The act of deliberately not making a payment that is due, typically in the context of bills, debts, or other financial obligations.
Endorsement
The act of signing one's name on the back of a check or other negotiable document, transferring its legal title or rights to another individual or entity.
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