Deferred presentment transaction definition

Deferred presentment transaction which means “providing currency or a payment instrument in exchange for a person’s check and agreeing to hold that person’s check for a period of time prior to presentment, deposit or redemption.”
Deferred presentment transaction means a transaction made pursuant to a written agreement whereby a licensee:
Deferred presentment transaction means a transaction in which:

Examples of Deferred presentment transaction in a sentence

  • An ar- bitrary order ideal Ł in L0(2, 3, µ) is called an ideal space on (2, 3, µ).

  • Deferred presentment transaction has the meaning given that term in V.T.C.A., Finance Code § 393.601.


More Definitions of Deferred presentment transaction

Deferred presentment transaction means providing
Deferred presentment transaction means pro- viding currency or a payment instrument in exchange for a drawer’s check and agreeing to hold the check for a deferment period.
Deferred presentment transaction means a deferred presentment transaction as
Deferred presentment transaction means deferred presentment option as defined by the Arkansas Check-Xxxxxx’x Act.
Deferred presentment transaction means providing currency or a payment instrument in exchange for a drawer’s check
Deferred presentment transaction means providing currency or a payment instrument in exchange for a drawer’s person’s check and agree- ing to hold the that person’s check for a deferment period of time prior to presentment, deposit, or redemption.

Related to Deferred presentment transaction

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Subsequent Transaction has the meaning set forth in Section 1.08.

  • Potential Co-Investment Transaction means any investment opportunity in which a Regulated Fund (or its Wholly-Owned Investment Sub) could not participate together with one or more Affiliated Funds and/or one or more other Regulated Funds without obtaining and relying on the Order.

  • Co-Investment Transaction means any transaction in which one or more Regulated Funds (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Retail installment transaction means any transaction in which a retail buyer purchases goods or services from a retail seller pursuant to a retail installment contract or a retail charge agreement that provides for a time price differential and under which the buyer agrees to pay the unpaid balance in 1 or more installments. Retail installment transaction does not include a rental-purchase agreement as defined in section 2 of the rental-purchase agreement act, 1984 PA 424, MCL 445.952.