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TeachMeFinance.com - explain Payment supra protest historic definition...
Payment supra protest -- Payment, after protest, by a party
other than the drawee (the one drawn upon) of a bill of exchange
(draft) which has not been honored by the drawee.
The purpose is to save the honor (credit) of the drawer, who
is looked to to protect or reimburse the one who makes the
payment.
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