| 词汇 | Presentment2 |
| 释义 | `1`Presentment2 `2` "Legal Lexicon": Among the latter or special excuses for not making a presentment may be enumerated the following: 1. The receiving the note by the holder from the payee, or other antecedent party, too late to make a due presentment; this will be an excuse as to such party. 2. The note being an accommodation note of the maker for the benefit of the endorser. 3. A special agreement by which the endorser waives the presentment. 4. The receiving security or money by an endorser to secure himself from loss, or to pay the note at maturity. In this case, when the indemnity or money is a full security for the amount of the note or bill, no presentment is requisite. 5. The receiving the note by the holder from the endorser, as a collateral security for another debt. A want of presentment may be waived by the party to be affected, after a full knowledge of the fact. --b-- |
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