A more thorough explanation:

Definition: Presentment refers to two different things:

1. A demand for payment of a promissory note when it is due. This means that the person who is owed money asks the person who owes them money to pay up.
2. A formal written accusation to a court by a grand jury, made on its own initiative without a request or presentation of evidence by the local prosecutor. This means that a group of people (the grand jury) accuses someone of doing something wrong, without being asked to do so by a prosecutor.

Example 1: If you borrow money from a bank and promise to pay it back by a certain date, the bank can make a presentment by demanding that you pay the money back on that date.

Example 2: In a famous case in Florida, a grand jury made a presentment accusing public officials of wrongdoing. The grand jury did this on its own, without being asked to do so by a prosecutor.

Explanation: In both examples, presentment refers to a demand or accusation being made. In the first example, the demand is for payment of a debt. In the second example, the accusation is of wrongdoing. In both cases, the person or group making the presentment is asserting their rights or making a claim.