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TeachMeFinance.com - explain Reclamation historic definition... Reclamation -- A demand for the substitution of a security that is a delivery when a security that is not a delivery has been delivered. For information see Rules for delivery. When a bank for some reason rejects a check or draft received through the clearing house it makes reclamation for the amount on the bank which sent it to the clearing house. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.