Presentment

Author:Jeffrey Lehman, Shirelle Phelps
 
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Page 69

A GRAND JURY statement that a crime was committed; a written notice, initiated by a grand jury, that states that a crime occurred and that an indictment should be drawn.

In relation to COMMERCIAL PAPER ,presentment is a demand for the payment or acceptance of a negotiable instrument, such as a check. The holder of a negotiable instrument generally makes a presentment to the maker, acceptor, drawer, or drawee.

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