Negotiable Instrument - Law Dictionary Search Results
Negotiable instruments
Matched in: Term Negotiable instruments
negotiable instrument
Matched in: Term negotiable instrument
negotiable instruments
Matched in: Term negotiable instruments
Keep your definitions linked to case research
Negotiable
Matched in: Term Negotiable
endorsement
signature or notation) on a document or instrument ;esp : an inscription usually on the back of a negotiable instrument that transfers or guarantees the instrument blank endorsement : an endorsement (as a signature) of a negotiable instrument … negotiable instrument that transfers or guarantees the instrument blank endorsement : an endorsement (as a signature) of a negotiable instrument that does not name a transferee and that makes the instrument payable to bearer called also endorsement in
Negotiation by delivery
for value without notice of the condition) unless such event happens. Illustrations (a) A, the holder of a negotiable instrument payable to bearer, delivers it to B's agent to keep for B. The instrument has been negotiated. (b) … to B's agent to keep for B. The instrument has been negotiated. (b) A, the holder of a negotiable instrument payable to bearer, which is in the hands of A's banker, who is at the time the banker
bank
interest rate collecting bank : a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial bank : a bank organized chiefly to handle the … for its members ;specif : savings and loan association depositary bank : the first bank to take a negotiable instrument or promise or order to pay money unless the instrument, promise, or order is presented for immediate payment
Indorsement
Bank v. Macbeth, 1908 AC 137. See also DEED; MORTGAGE; RECEIPT. When the maker or holder of a negotiable instrument signs the same, otherwise than as such maker, for the purpose of negotiation, on the back or face … annexed thereto, or so signs for the same purpose a stamped paper intended to be completed as a negotiable instrument, he is said to indorse the same, and is called the 'indorser'. [Negotiable Instruments Act, 1881 (26 of
defense
is liable compare complete defense in this entry b : a basis upon which an obligor of a negotiable instrument may avoid liability under the instrument personal defense : a defense of an obligor under a negotiable instrument … negotiable instrument may avoid liability under the instrument personal defense : a defense of an obligor under a negotiable instrument that can be asserted against anyone but a holder in due course real defense : a defense of
Payee
Payee, means person named in a negotiable instru-ment, to whom or to whose order the money is, by the instrument, directed to be paid, Negotiable
- ‹ Prev
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- Next ›
- Last »
Try the research workspace - 7 days free