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.]

---

词条贡献者

译者Paloma，毕业于英国一流的高级翻译学院，擅长翻译各种与投资基金相关的法律文件。