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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Investigators placing pig organs in other animal species have stemmed endothelial cell activation and the resulting hyperacute rejection by depleting a prospective recipient's store of alpha-gal antibodies before the xenotransplant.
Cozzi, "Incidence of hyperacute rejection in pig-to-primate transplantation using organs from hDAF-transgenic donors," Transplantation, vol.
The basis of this protocol is that the antibodies that would lead to hyperacute rejection or acute antibody-mediated rejection must be removed from the body, and the immune system must be modulated to reduce the production of the antibody in the future or dampen the immune response to the foreign antigen.
(2008) observed that no hyperacute rejection developed and one graft survived up to 6 months after transplantation.
"Because both copies of the gene have been inactivated, tissues from these pigs have been shown to be completely devoid of the pig sugar that cause the pig sugar that caused the hyperacute rejection to take place."
Once the hyperacute rejection is overcome, another immunological obstacle to long-term xenograft survival may be the human [CD8.sup.+] cytotoxic T lymphocytes (CTL)mediated killing of xenograft cells in xenograft recipients.
No hyperacute rejection occurred, and the incidence of acute rejections did not differ based on whether a pretransplant crossmatch was performed or not.
The stimulus of the immune system is exponentially more intense with the transplantation of genetically unmodified xenografts; hyperacute rejection and graft thrombosis would occur immediately due to the presence of discordant species-specific antibodies.
The central problem with transplanting animal organs into humans is hyperacute rejection, which can destroy an organ's function within an hour.
There are also a number of reports of a combined transplant enabling successful kidney grafts, despite a positive crossmatch between donor and recipient, which usually results in hyperacute rejection of the kidney [64-67].
The authors identified five biologic hurdles: hyperacute rejection, acute vascular rejection, accommodation, cellular rejection, and chronic rejection.
Due to the immaturity of the babies' immune systems, the researchers said none experienced hyperacute rejection, and no morbidity was attributable to ABO incompatibility.