Clean Paper [Banking] Law and Legal Definition
In banking, the term clean paper is used to categorize such documents as bills, drafts and promissory notes, as distinguished from special paper such as bills of lading with sight drafts attached. [Bunge v. First Nat'l Bank, 34 F. Supp. 119, 122 (D. Pa. 1940)].
Legal Definition list
Related Legal Terms
- Abstraction [Banking]
- Accommodation Maker(Banking)
- Accommodation Paper
- Accomodation Paper
- Account [Banks & Banking]
- Acting in Concert [Banks & Banking]
- Affiliate [Banks & Banking]
- Alternative Mortgage Transaction [Banks & Banking]
- Application for a Deposit Facility [Banks & Banking]
- Appropriate Federal Banking Agency