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Từ vựng:

reclaiming note

Giải nghĩa:

/rɪˈkleɪmɪŋ noʊt/ – Phrase


Definition: (Scot) đơn kháng cáo.

A more thorough explanation: A reclaiming note is a legal document that is used to assert a claim or right to property that has been taken or repossessed by a creditor due to non-payment or default by the debtor. It is a formal notice that the property is being reclaimed by the rightful owner or creditor.

Example: The bank sent a letter to the borrower, demanding payment and reclaiming possession of the property due to default on the mortgage note.

 

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