The Law Dictionary

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BANKABLE PAPER Definition & Legal Meaning

Definition & Citations:

These are applied to drafts, notes and cheques and other securities of high quality that causes them to be treated by the banks that same as cash.

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This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.