waiver of notice of dishonor

waiver of notice of dishonor: An oral or written, express or implied relinquishment by an indorser of a negotiable instrument, either before or after the time for giving notice has arrived, of his right to be notified of the dishonor of the instrument. 11 Am J2d B & N §§ 831 et seq.

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protest — A formal declaration made by a person interested or concerned in some act about to be done, or already performed, whereby he expresses his dissent or disapproval, or affirms the act against his will. The object of such a declaration is generally… … Black's law dictionary
Negotiable instrument — A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time. According to the Section 13 of the Negotiable Instruments Act, 1881 in India, a negotiable instrument means a… … Wikipedia
rejection — re·jec·tion /ri jek shən/ n: the act or an instance of rejecting: as a: a refusal to accept an offer b: a refusal to accept nonconforming goods as performance of a contract ◇ Rejection and revocation are two remedies available to the buyer under… … Law dictionary

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