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Investing Glossary:
Rejection
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| 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.
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