Dishonorer - Law Dictionary Search Results

Home Dictionary Name: dishonorer

dishonor

dishonor : refusal on the part of the issuer (as a bank) to pay or accept commercial paper (as a check) when it is presented see also wrongful dishonor vt : to refuse to pay or accept [a bank ing the checks for insufficient funds] ...

wrongful dishonor

wrongful dishonor : a wrongful refusal by a payor bank to honor an item that is properly payable [a payor bank is liable to its customer for damages proximately caused by the wrongful dishonor of an item "Uniform Commercial Code"] ...

Dishonor

To deprive of honor to disgrace to bring reproach or shame on to treat with indignity or as unworthy in the sight of others to stain the character of to lessen the reputation of as the duelist dishonors himself to maintain his honor...

Dishonorable

Wanting in honor not honorable bringing or deserving dishonor staining the character and lessening the reputation shameful disgraceful base...

Dishonorer

One who dishonors or disgraces one who treats another indignity...

protest

protest 1 : a solemn declaration of opinion and usually of disagreement: as a : a solemn written declaration by a notary public or U.S. consul on behalf of the holder of an instrument (as a note) announcing dishonor and declaring the liability of all parties to the instrument for any loss or damage arising from such action ;also : the action of making or causing to be made such a declaration with due service of notice of dishonor b : a declaration made by the master of a ship before a notary, consul, or other authorized officer upon arrival in port after a disaster declaring that any loss was not the fault of the crew but due to the disaster c : a declaration made by a party esp. before or while paying a tax or performing a demanded act by which the declarer asserts that the justice or legality of the tax or act is disputed and that compliance is not voluntary 2 : the act of objecting or a gesture of disapproval ;esp : a usually organized public demonstration of disapproval ...

recourse

recourse 1 a : the act of turning to someone or something for assistance esp. in obtaining redress b : a means to a desired end esp. in the nature of a remedy or justice ;also : the end itself 2 : the right or ability to demand payment or compensation ;specif : the right to demand payment from the endorser or drawer of a negotiable instrument see also recourse note at note compare non-recourse NOTE: Under Article 3 of the Uniform Commercial Code, the phrase without recourse on a negotiable instrument limits the liability of the endorser or drawer. If an endorsement states that it is made without recourse, the endorser is not liable to pay, subject to various conditions, if the instrument is dishonored. Similarly, if a draft states that it is drawn without recourse, the drawer is not liable to pay, subject to various conditions, if the draft is dishonored, provided that it is not a check. ...

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