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известување
(1) Formal communication to the borrower by the former or new creditor when a claim is assigned or assets pledged as security. (2) Under bill of exchange law, notification means the legally prescribed communication addressed by the cheque or bill holder to the previous holder and drawer or by the endorser to the previous endorser concerning the refusal of the drawee to pay under the bill.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
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