Rejection

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Rejection

Refusal by a bank to grant credit, usually because of the applicants financial history, or refusal to accept a security presented to complete a trade, usually because of a lack of proper endorsements or violation of rules of a firm.

Rejection

1. A bank's refusal to grant a line of credit. This often applies to the refusal to grant a mortgage loan to an uncreditworthy person or a business loan to someone without a proper business plan.

2. An investor's refusal to accept a security presented to him/her/it. Reasons for this include suspicion of fraud or improperly filled-out forms.

3. Refusal to provide insurance coverage because the insurance company believes that the claim describes a service or situation that the policy does not cover.

rejection

The refusal to accept a security that has been delivered by a customer or broker. A questionable certificate or an improper endorsement are reasons for rejection.
References in classic literature ?
To decided rejection, if you please," returned my guardian.
He certainly had not broken his heart over his rejection.
The rejection slip was so tactfully worded that he felt kindly toward the editor.
He read them over and over, and liked them so much that he could not puzzle out the cause of their rejection, until, one day, he read in a newspaper that manuscripts should always be typewritten.
This preservation of favourable variations and the rejection of injurious variations, I call Natural Selection.
In the fulfilment of his prophecies which followed the rejection of his argument Burke was too good a patriot to take satisfaction.
The populace think that your rejection of popular standards is a rejection of all standard, and mere antinomianism; and the bold sensualist will use the name of philosophy to gild his crimes.
I shall try to make my reasons for this rejection clear as we proceed.
In the early days after his return from Moscow, whenever Levin shuddered and grew red, remembering the disgrace of his rejection, he said to himself: "This was just how I used to shudder and blush, thinking myself utterly lost, when I was plucked in physics and did not get my remove; and how I thought myself utterly ruined after I had mismanaged that affair of my sister's that was entrusted to me.
After they left Post's on the way back to Carmel, the condition of the road proved the wisdom of their rejection of the government land.
John Willet did as he was desired; for on that point he was seldom slow, except in the particulars of giving change, and testing the goodness of any piece of coin that was proffered to him, by the application of his teeth or his tongue, or some other test, or in doubtful cases, by a long series of tests terminating in its rejection.
If she had thought of rejection and injustice at all, it would have seemed to her that they had done their worst; that she could hardly feel any stroke from them intolerable since the words she had heard from her brother's lips.