A bank that refuses to honor a check due to inaccurate or incomplete information that appears on it. This may refer to a missing signature, date that has been altered, or other essential information.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser