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presentment

B1
noun

Pronunciation

UK

  • /prɪzˈɛntmənt/

US

  • /priˈzɛntmənt/

Description

Presentment is not just about presenting something; it has a formal, official tone. It often means bringing something forward so that others can act on it. In law, it can mean a formal statement made to a court, especially by a grand jury. In finance, it often means showing a bill, note, or other document so payment can be asked for or collected. In older or more specialized use, it can also mean a formal introduction or the way something is represented.

Examples

  1. 1

    Banking

    The bank requires presentment of the original check before it will release the funds.

  2. 2

    Lease payment

    Under the lease, rent is due within ten days after presentment of the invoice.

    • Pattern

      after presentment of + document

      after it is formally submitted

  3. 3

    Grand jury

    The grand jury's presentment criticized the county jail's poor safety procedures.

    • Domain

      in law, a presentment can be an official report or accusation by a grand jury

Forms and spellings

1 form open this card.

Main spelling

  • presentmentnoun