allegation of late return

Definition of "allegation of late return"
  1. A statement by a financial institution suggesting another bank did not promptly reject a transaction
How to use "allegation of late return" in a sentence
  1. The financial institution made an allegation of late return on the bounced check.
  2. The bank processed the orders while facing an allegation of late return.
  3. An allegation of late return posed a setback in the transaction between the two banks.

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