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Dishonors
Refers to the failure to fulfill an obligation or agreement, especially in the context of finance, like a cheque not being paid due to insufficient funds.
Civil Suit
A legal proceeding initiated by an individual or entity (plaintiff) against another (defendant) for the resolution of a non-criminal dispute.
Criminal Prosecution
The legal process in which an individual is charged and tried for a crime.
Deferred Posting
A banking or accounting term referring to the practice of recording transactions or entries at a later date than the transaction occurred.
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