DISHONORED NOTE Definition

Bookmark and Share

DISHONORED NOTE is a note on which a debtor has defaulted.

Learn new Accounting Terms

OR is Operations Research.

LETTER OF CREDIT, IRREVOCABLE is a letter of credit where payment is guaranteed as long as the seller meets all conditions stipulated. A revocable letter of credit can be cancelled or altered by the buyer without permission of the seller.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.