Legal Dictionary
Main Entry:
pre·sent·mentPronunciation:
pri-'zent-m&ntFunction:
noun 1 : the act of presenting to an authority a formal statement of a matter to be dealt with;
specifically : the notice or accusation of an offense by a grand jury on the initiative of the jury members or on the basis of their own knowledge without a bill of indictment laid before them
2 : the act of producing or offering at the proper place and time a document (as a negotiable instrument) that calls for acceptance and payment by another
: a demand for payment of an instrument upon a party liable for payment on behalf of the holder