Re-exchange

Re-exchange in United States

Re-exchange Definition

The expense incurred by a bill’s being dishonored in a foreign country, where it is made payable and returned to that country in which it was made or indorsed, and there taken up. 11 East, 265; 2 Campb. 65. It is the sum for which a sight bill must be drawn at the time and place of dishonor at the then rate of exchange on the place where the drawer or indorser sought to be charged resides, in order to realize, at the place of dishonor, the amount of the dishonored bill, and the expenses consequent on its dishonor. 2 Daniell, Neg. Inst. § 1445. See “Redraft.”

Re-exchange in Foreign Legal Encyclopedias

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Re-exchange Re-exchange in the World Legal Encyclopedia.
Re-exchange Re-exchange in the European Legal Encyclopedia.
Re-exchange Re-exchange in the Asian Legal Encyclopedia.
Re-exchange Re-exchange in the UK Legal Encyclopedia.
Re-exchange Re-exchange in the Australian Legal Encyclopedia.

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Browse the American Encyclopedia of Law for Re-exchange

Scan Re-exchange in the appropriate area of law:

Link Description
Re-exchange Re-exchange in the Family Law Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the IP Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Commercial Law Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Criminal Law Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Antritrust Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Constitutional Law Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Tax Law Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the and Finance and Banking Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Employment and Labor Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Re-exchange Re-exchange in the Environmental Law Portal of the American Encyclopedia of Law.

Explore other Reference Works

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Re-exchange in the Dictionaries Re-exchange in our legal dictionaries
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Re-exchange related entries Find related entries of Re-exchange

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Legal Issue for Attorneys

The expense incurred by a bill’s being dishonored in a foreign country, where it is made payable and returned to that country in which it was made or indorsed, and there taken up. 11 East, 265; 2 Campb. 65. It is the sum for which a sight bill must be drawn at the time and place of dishonor at the then rate of exchange on the place where the drawer or indorser sought to be charged resides, in order to realize, at the place of dishonor, the amount of the dishonored bill, and the expenses consequent on its dishonor. 2 Daniell, Neg. Inst. § 1445. See “Redraft.”

Notice

This definition of Re-exchange is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.


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