WAIVER OF PROTEST

By SovConn | April 24, 2013

waiver of protest.A relinquishment by a party to a negotiable instrument of the formality of protest in case of dishonor. See PROTEST(2). [Cases: Bills and Notes 422. C.J.S. Bills and Notes; Letters of Credit §§ 213–215, 219–228, 230.]
[Blacks Law 8th]

Posted in Law Dictionary Definitions