| Term | Definition |
|---|
| presentment | producing a note for payment |
| dishonor | failure to pay a note |
| time note | a note which fixes a specific date for payment |
| collateral acceptance | an acceptance written on a paper other than the negotiable instrument itself |
| protest | a declaration beofre a notary of nonpayment |
| a demand note | a note which must be paid upon request |
| maturity | the date n instrument becomes due and payable |
| special or full endorsement | an endorsment reading "Pay to the order of John Doe" |
| liquidation | the final winding up of corporate affairs |
| adoption | the acceptance by a corporation of acts done on its behalf prior to incorporation |
Combine with other sets
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