dishonor


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Dishonor

To refuse to accept or pay a draft or to pay a promissory note when duly presented. An instrument is dishonored when a necessary or optional presentment is made and due acceptance or payment is refused, or cannot be obtained within the prescribed time, or in case of bank collections, the instrument is seasonably returned by the midnight deadline; or presentment is excused and the instrument is not duly accepted or paid. Includes the insurer of a letter of credit refusing to pay or accept a draft or demand for payment.

As respects the flag, to deface or defile, imputing a lively sense of shaming or an equivalent acquiescent callousness.

dishonor

v. to refuse to pay the face amount of a check or the amount due on a promissory note.

dishonor

(Nonpayment), noun breach of faith, breach of promise, declination, default, delinquency, failure, improbity, inability to pay, inattention, insolvency, nonacceptance, nonadherence, noncompliance, nonfeasance, nonfulfillment, nonobservance, nonpayment at maturity, omission, refusal to accept, refusal to pay, rejection, repudiation of payment
Associated concepts: dishonor of checks, dishonor of negooiated instruments, notice of dishonor

dishonor

(Shame), noun abasement, abjection, aspersion, attaint, bad character, bad favor, bad name, bad reputation, bad repute, badge of infamy, blemish, blot, brand, calumny, contempt, contumely, debasement, decrial, defamation, defilement, degradation, depravity, derogation, detraction, deviation from rectitude, disapprobation, discredit, disesteem, disfavor, disgrace, disparagement, disreputability, disrepute, disrespect, ignobility, ignominia, ignominy, ill-fame, ill-favor, ill-repute, improbity, imputation, indignity, infamia, infamy, ingloriousness, lack of conscience, lack of honor, lack of principle, lack of probity, loss of reputation, low estimation, mockery, no repute, no standing, notoriety, obloquy, opprobrium, outrage, public disgrace, reproach, ridicule, scandal, scorn, shamefulness, slur, smear, stain, stigma, taint, tarnish, tarnished honor, traducement, turpitude, turpitudo, vileness, vilification, wickedness

dishonor

(Deprive of honor), verb abase, asperse, attaint, besmear, besmirch, blot, brand, bring into discredit, bring shame upon, cast a slur on, cast aspersions, cast reproachupon, contemn, debase, debauch, dedecorare, defame, deflower, degrade, dehonestare, denigrate, denounce, deride, desecrate, despise, discredit, disgrace, disparage, malign, pillory, reflect discredit upon, reproach, slur, smear, smirch, speak ill of, stain, stigmatize, stuprare, taint, tarnish, vilify

dishonor

(Refuse to pay), verb decline to pay, deeline to redeem, disallow payment, disregard, evade, not observe, not pay, refuse payment, refuse to honor, stop payment, withhold payment
Associated concepts: dishonor a check, notice of dishonor
See also: abuse, aspersion, attaint, bad character, bad faith, bad repute, brand, browbeat, condemn, contemn, contumely, corruption, debase, defame, default, defilement, degradation, demean, denigrate, denounce, derogate, discredit, disfavor, disgrace, dishonesty, disoblige, disparage, disparagement, disregard, disrepute, disrespect, fail, humiliate, ignominy, impeachability, infamy, infidelity, lose, malign, nonpayment, notoriety, obloquy, odium, onus, opprobrium, pillory, pollute, reproach, repudiate, scandal, shame, smear, stain, stigma, sully, tarnish, violate

TO DISHONOR, contr. This term is applied to the nonfulfillment of commercial engagements. To dishonor a bill of exchange, or a promissory note, is to refuse or neglect to pay it at maturity.
     2. The holder is bound to give notice to the parties to such instrument of its dishonor, and his laches will discharge the indorsers. Chit. on Bills, 394, 395, 256 to 278.

References in periodicals archive ?
The court addressed the beneficiary's wrongful dishonor claim against the letter of credit issuing bank.
The true crisis of Florentine civic architectural honor occurred only when, on top of everything else, the worst part of the worst-case scenario of dishonor came into play: that is, when the shameful absence of a Florentine town hall was prominently displayed to a large group of distinguished, prestigious foreigners whom Florence had been working hard and successfully to impress.
The bank based its dishonor on the fact that the amount of the sight draft, $1,500,000, exceeded the amount available for payment under the LC.
Religious exercises could not affect the social stain of dishonor.
Duterte told Marawi residents he had no intention to dishonor their religion.
But this is a curse as well, contributing to the housing crush that keeps homes unaffordable for a majority of Californians again a national dishonor shared with New York.
However, that right comes with strings: the bank must have given proper and timely notice of dishonor, including identifying all documentary discrepancies and notifying the beneficiary that the bank is holding the documents at the beneficiary's disposal or returning the documents to the beneficiary.
Our Realtor(R) members subscribe to a Code of Ethics that requires them to eliminate practices that may damage the public or that might discredit or dishonor the real estate profession.
Whatever has affected her since then, she is too far gone to realize how she is heaping dishonor upon her son's commitment and his sacrifice.
The court also ruled that the discrepancies were not sufficient to justify dishonor of the drawing: A home run for the beneficiary
Goodwill will not allow any one to bring dishonor to such an important symbol," says the charity's CEO.
To be successful in making the full leap from paper to image, we must trust our collective ability to exchange images without undue risk of wrongful payment or dishonor," said Matt Calman, Architecture Engineering Executive at Bank of America.