presentment

presentment
A process by which a check is presented for payment at the drawee's bank. American Banker Glossary

Financial and business terms. 2012.

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  • presentment — pre·sent·ment /pri zent mənt/ n 1: the act of presenting to an authority a formal statement of a matter to be dealt with; specif: the notice or accusation of an offense by a grand jury on the initiative of the jury members or on the basis of… …   Law dictionary

  • Presentment — Pre*sent ment, n. 1. The act of presenting, or the state of being presented; presentation. Upon the heels of my presentment. Shak. [1913 Webster] 2. Setting forth to view; delineation; appearance; representation; exhibition. [1913 Webster] Power… …   The Collaborative International Dictionary of English

  • Presentment — (engl.), s. Prosecution …   Meyers Großes Konversations-Lexikon

  • presentment — (n.) act of presenting, c.1300, from O.Fr. presentement (12c.), from presenter (see PRESENT (Cf. present) (v.)) …   Etymology dictionary

  • presentment — [prē zent′mənt, prizent′mənt] n. [ME < OFr presentement < presenter: see PRESENT, vt.] the act of presenting; presentation; specif., a) an exhibition; thing presented to view b) Commerce the producing of a note, bill of exchange, etc. for… …   English World dictionary

  • presentment — noun /pɹɪˈzɛntmənt/ a) A statement made on oath by a jury. In 1771, a grand jury presentment in Georgia revealed that Slaves are permitted to rent houses [...]. b) A formal complaint submitted to a bishop or archdeacon. He recognised that there… …   Wiktionary

  • presentment — The written notice taken by a grand jury of any offense, from their own knowledge or observation, without any bill of indictment laid before them at the suit of the government. A presentment is an accusation, initiated by the grand jury itself,… …   Black's law dictionary

  • presentment — See presentiment. See presentiment, presentment …   Dictionary of problem words and expressions

  • presentment — An informal accusation, made by the grand jury on its own knowledge, to be used by the prosecutor as the basis for a true bill or indictment. Bennett v Kalamazoo Circuit Judge, 183 Mich 200, 150 NW 141. Precisely, an accusation by the grand jury… …   Ballentine's law dictionary

  • Presentment of a bill of exchange — Presentment Pre*sent ment, n. 1. The act of presenting, or the state of being presented; presentation. Upon the heels of my presentment. Shak. [1913 Webster] 2. Setting forth to view; delineation; appearance; representation; exhibition. [1913… …   The Collaborative International Dictionary of English

  • Presentment Clause — The Presentment Clause (Article I, Section 7, Clauses 2 and 3) of the United States Constitution outlines federal legislative procedure (that is, how bills originating in Congress become federal law) in the United States TextThe clause… …   Wikipedia

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