Dishonor

Definition - Noun
: refusal on the part of the issuer (as a bank) to pay or accept commercial paper (as a check) when it is presented
see also wrongful dishonor

Definition - Transitive Verb
: to refuse to pay or accept <a bank ~ing the checks for insufficient funds>

Based on Merriam-Webster's Dictionary of Law ©2001.
Merriam-Webster, Incorporated
Published under license with Merriam-Webster, Incorporated.
http://www.m-w.com

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intrinsic fraud

fraud (as by the use of false or forged documents, false claims, or perjured testimony) that deceives the trier of fact and results in a judgment in favor of the party perpetrating the fraud

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