Definitions for "Noting"
A Bill of Exchange may be noted when the Drawee refuses to Accept it or to make payment against it. A Notary confirms how, where and when the Bill has been dishonoured which may later be used in court as proof of dishonour.
The first stage in protest of a dishonoured bill: if instructed to protest for non-payment/non- acceptance, the collecting bank must send the bill to a notary public who will represent it to the drawee on the same day it was refused, or the next business day. If the drawee still refuses the bill the notary public notes on the bill: the amount of his charges, the date and his initials. The reason for refusal is shown on a note attached to the bill. The bill is then protested - see Protest.
Noting is a preliminary form of protesting a Bill of Exchange - that is - an initial official statement that the bill of exchange or promissory note has not been paid.
Term used in advertisement research. Indicates that a reader's attention was drawn to an advertisement when first looking through the newspaper or magazine in which it appeared, though not necessarily that he/she read, fully understood or acted upon this stimulus.