letter of advice
letter of advice. Commercial law. A notice that a draft has been sent by the drawer to the drawee.
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advice of credit
advice of credit. Notice by an advising bank of the issuance of a letter of credit. [Cases: Banks and Banking 191.10. C.J.S. Bills and Notes; Letters of Credit §§ 341–366, 368–370, 372–376.]
advice
advice (ad-vIs). 1. Guidance offered by one person, esp. a lawyer, to another. See ADVICE OF COUNSEL. 2. Notice of the drawing of a draft for goods or services. See LETTER OF ADVICE. — advise (ad-vIz), vb. remittance advice. Notice that a sum of money has been sent (esp. by mail) for goods or services.
protest
protest, n. 1. A formal statement or action expressing dissent or disapproval. • Under some circumstances, a protest is lodged to preserve a claim or right. 2. A notary public’s written statement that, upon presentment, a negotiable instrument was neither paid nor accepted. — Also termed initial protest; noting protest. Cf. NOTICE OF DISHONOR. [Cases:
dean
dean. 1. Eccles. law. An officer who leads a chapter, parish, or other subdivision of a diocese, usu. upon a bishop’s request or appointment. “A dean and chapter are the council of the bishop, to assist him with their advice in affairs of religion, and also in the temporal concerns of his see …. All