What is DAYS IN BANK?

(L. Lat. dies in banco.) In practice. Certain stated days in term appointed for the appearance of parties, the return of process, etc.. originally peculiar to the court of common pleas, or bench, (bank,) as it was anciently called. 3 Bl. Comm. 277.

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Related Legal Terms
DAYS OF GRACE, TRIVERBIAL DAYS, GRAND DAYS, DAYS ACCOUNTS RECEIVABLE (DAYS A/R), DAYS ACCOUNTS PAYABLE (DAYS A/P), WORKING DAYS, BANK, BOON DAYS, LAY DAYS, BANK TO BANK LETTER OF CREDIT (L/C)


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