No Protest

Definition:

Instructions given to a collecting bank not to protest a specific item in the event of non payment or non acceptance.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

"Trade me out"

Work out of one's long position (usually created by committing firm principal to complete a trade block trade) by selling stock. Antithesis of "buy them back."

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio