To Dishonour
Defined in 1 dictionary — Bouvier (1839)
A Law Dictionary, Adapted to the Constitution and Laws of the United States
John Bouvier · 1839
contr. This term is applied to the non-fulfilment of commercial engagements. To dishonour a ‘bill of exchange or a promissory note, is to refuse or neglect to pay it at maturity. The holder is bound to give notice to the parties to such instrument of its dishonour, and his laches will discharge the indorsers. Chit. on Bills, 394, 395, 256 to 278.