Negotious - Law Dictionary Search Results
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
Holder in due course
the bill [cheque or note] in good faith and for value, and that at the time it was negotiated to him he had no notice of any defect in the title of the person who negotiated it,
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
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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
Giving notice in writing
Act, containing ss. 138 to 142, was inserted in the Act as per Banking Public Financial Institution and Negotiable Instruments Laws (Amendment) Act, 1968. When the legislature contemplated that notice in writing should be given to the
Bill of Exchange
bill to another, he is called the endorser, and the person to whom it is thus assigned or negotiated is the endorsee or holder, and so on ad infinitum. A payee is not a holder in due
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
Overdue
(2), (3), and (4) of the (English) Bills of Exchange Act, 1882:- (2) where an overdue bill is negotiated, it can only be negotiated subject to any defect of title affecting it its maturity, and thenceforward no
Commission Agent or Broker
Excise Act, 1944 (1 of 1944), s. 2 (aaa)] In commerce, the order by which anyone traffics or negotiates for another; also, and much more frequently, the percentage given to factors or agents for transacting the business
treaty
from Latin, handling, treatment, from tractare to treat, handle] 1 : the action of treating and esp. of negotiating 2 : an agreement or arrangement made by negotiation: as a : private treaty b : a contract
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