Acceptor - Law Dictionary Search Results

Bill of Exchange

is, before acceptance, the drawee, and after accepting it, the acceptor; the person in whose favour it is drawn is the

of exchange is drawn, who is called, after acceptance, the acceptor. He must be named or otherwise indicated in the bill

Days of grace. Time of indulgence granted to an acceptor for the payment of his bill of exchange. It was

generally, the addition of a place of payment without the acceptor's assent. See also Slingsby v. Westminster Bank Ltd. (No. 2),

is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor and for the purpose

Bill, one which the accommodating party has signed as drawer, acceptor, or endorser, without receiving value therefor and for the purpose

at sight, or at a certain period after sight, the acceptor will be liable to pay according to the course of