presentment
pre
pri
pri
sent
ˈzɛnt
zent
ment
mənt
mēnt
British pronunciation
/pɹɪzˈɛntmənt/

Definition & Meaning of "presentment"in English

Presentment
01

a statement about an offense made by a jury based on their own knowledge

example
Examples
The grand jury issued a presentment against the sheriff based on their suspicions of corruption they had uncovered during their investigation.
Due to evidence of wrongdoing the jurors witnessed themselves, they decided to issue a presentment for trial rather than wait for an indictment.
02

a show or display; the act of presenting something to sight or view

03

a written document that obligates one party to pay money to another party at a specified time, such as promissory notes, bills of exchange

example
Examples
The bank issued a 30-day promissory note as a presentment to cover the client's overdraft.
After missing the payment date outlined in the presentment, late fees were applied to the borrower's account.
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