noun a person or entity who accepts a bill of exchange or promissory note for payment after it has been protested for non-payment by the original acceptor
In finance, 'acceptor supra protest' may be relevant in cases involving debt instruments and the obligations of parties involved in financial transactions.
In legal contexts, 'acceptor supra protest' refers to a party who accepts a bill of exchange after it has been protested for non-payment by the previous acceptor.
In banking, this term is used to describe a financial institution or individual who agrees to accept a bill of exchange after it has been protested by the original acceptor.
In the context of a legal thriller novel, a character may be described as an 'acceptor supra protest' to indicate that they have accepted a bill of exchange for payment, even though it has been protested by the previous holder.
A lawyer may use the term 'acceptor supra protest' when discussing a case involving disputed payments and the acceptance of bills of exchange under protest.
A banker may encounter the term 'acceptor supra protest' when dealing with financial transactions involving bills of exchange and the acceptance of payment despite protest.