presentment for payment

Production of an instrument to the drawee, acceptor, or maker for payment.

• This type of presentment must be made on the date when the instrument is due. [Cases: Bills and Notes 399. C.J.S. Bills and Notes; Letters of Credit § 205.]

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词条贡献者

双语律师Pablo，国际知名法学院法律专业，擅长翻译涉及高端品牌及消费品领域的法律文件。