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Corporate and Institutional Glossary

Rate Receiving Depository Financial Institution (RDFI) Reciprocal Record Date Recourse Redeposited ACH Registered Owner Registrar Rejection Of Transfer Release Of Cargo Relinquished Property Reorganization Department Replacement Property Residual Value Restricted Transfer Return Statement Revaluation Reversal Reverse Exchange Rollover

Recourse The rights of a holder in due course of a negotiable instrument to force prior endorsers to meet their legal obligations to pay on the instrument if it is dishonored by the maker or acceptor.

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