0
A person who orders a bank to withdraw money from an account to pay a designated person a specific sum according to the term of a bill, a check, or a draft. An individual who writes and signs a commercial paper, thereby becoming obligated under its terms.
Wiki User
∙ 13y ago
The term "refer to drawer" in negotiable instruments indicates that payment of the instrument has been refused by the bank or financial institution where the instrument was presented. This notation advises the payee that the payment request was declined and prompts them to contact the drawer (the person who issued the instrument) for resolution.
Add your answer:
Earn +20 pts
What does refer to prosecutor mean?
"Refer to prosecutor" means to send a case to a prosecutor for further review and potential prosecution. It typically occurs after law enforcement has completed an investigation and believes there is enough evidence to support criminal charges.
What is the meaning of In leu of in legal terms?
"In lieu of" means in place of or instead of. In legal terms, it can refer to an alternative arrangement or substitution that is agreed upon by all parties involved.
Why known as lakh baksh?
"Lakh baksh" means "bestower of grace" in Punjabi. It is a term often used to refer to someone who is benevolent, kind, and forgiving.
What does acts and prove mean?
"Acts" refer to behaviors or actions. "Prove" means providing evidence or demonstrating that something is true or correct through actions or results.
What does decreed means?
decreed - ordered (usually by a king or dictator)
What does it mean when the bank writes the bank across a cheque REFER TO DRAWER?
if the service branch send the chq for clearing in wrong branch. then chq is bounced for the reason ' refer to drawer'
What does refer to drawer mean?
It usually means that when you cashed a check it was not honored because the person did not have enough money in their account to cover the check. You should get with the person that wrote you the check to get your money by some other means.
What terms refer to tools and methods to perform tasks?
The terms that refer to tools and methods to perform tasks include techniques, strategies, approaches, methodologies, procedures, processes, systems, instruments, instruments, and instruments.
What does rd cheque stand for?
(R)eturn to (D)rawer.
What is meant by the term chimes?
The term chime or chimes may refer to several musical instruments consisting of bells or glockenspiel bars, or the sound of such instruments, used as an alert in computers or machinery.
What is the meaning of the word 'taiko' in Japanese?
"Taiko" means drum in Japanese. It can also be used to refer to a Japanese drum. Taiko are 3 sticks percussion instruments. Taiko drumming is featured in a Cirque du Soleil show in Las Vegas.
What does refer to prosecutor mean?
"Refer to prosecutor" means to send a case to a prosecutor for further review and potential prosecution. It typically occurs after law enforcement has completed an investigation and believes there is enough evidence to support criminal charges.
What does Gpib refer?
General Purpose Interface Bus. It was developed by Hewlett Packard primarily as a communications link for test instruments.
How do you spell the names of instruments?
To spell the names of instruments, you can simply refer to a dictionary or use online resources that provide the correct spelling for various instruments. Additionally, you can also consult instrument-specific resources such as music books or websites dedicated to musical instruments.
What is a palindrome of pass on?
Refer is a palindrome that means "pass on."
What is the meaning for 'refer to'?
'refer to' means to make a reference to something.For example:The cook told his apprentice to refer to the cookbook for directions.In this sentence, 'refer to' is stating to use the cookbook as a reference.
What word means 'refer to someone else to answer'?
defer
