Payor - Law Dictionary Search Results
payor
Matched in: Term payor
Payor
Matched in: Term Payor
payor bank
Matched in: Term payor bank
Keep your definitions linked to case research
bank
fiscal policy and controls the money supply and interest rate collecting bank : a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial
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
kickback
property) made to one in a position to open up or control a source of income for the payor [convicted of receiving s for referrals] compare bribe, payoff NOTE: A kickback is specifically a payment for income
payer
payer var of payor
settlement
"J. H. Friedenthal et al."] 3 : closing [ costs] 4 : the transfer of funds between a payor bank and a collecting bank in order to complete transactions for customers
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