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

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

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.
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 ?
In Ramotswa's case, three were classified underage, six used different names, eight for non-existing Omang while 41 were rejected for having registered elsewhere.
The UK Parliament has already rejected the Brexit deal twice by substantial margins, even though May repeatedly stated that the hard-pressing issues were resolved and asserted that "this is the only deal possible."
In NA-15, Ali Asghar Khan (PTI) who got 81,845 votes filed application against his rival Murtaza Javed Abbasi (PML-N) who got 95,346 votes was also rejected by the RO as there was difference of more than ten thousands votes.
The nominees were also rejected after the committee on appointment established that some were unable to exonerate themselves from accusations of mismanagement, misappropriation of public resources and abuse of public office.
Imran's candidacy was rejected from NA-53 (Islamabad) and NA-95 (Mianwali).
The post Supreme court rejects state's appeal on shop hours appeared first on Cyprus Mail .
In a prior opinion, the court stated that during the first period, the Board has 45 days "within which (it) must formally decide to accept or reject the (taxpayer's) appraised value" Here, the court noted that the record showed on September 23, 2010 (55 days after the Taxpayer submitted its certified appraisal) the Board notified the Taxpayer that it had rejected the appraisal.
However, the new code limits these designation rights by the same 210-day period in which debtors have to decide whether to assume or reject a lease.
The top five reject reasons for e-filed practitioner returns, according to the FTB:
How many times can a Catholic publicly reject the Church's solemn doctrinal and moral teaching and remain in good standing?
Like the federal code, these state receivership laws give receivers the power to disaffirm or reject contracts to which the insolvent insurer is a party.