Refusal by a bank to grant credit, usually due to a financial situation or the history of the person requesting credit; or the refusal to accept a security presented to complete a trade , usually because of a lack of proper endorsements or breaking rules of firm .
REJECTION
Meaning of REJECTION in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012