Payee - Law Dictionary Search Results
Payee
Matched in: Term Payee
payee
Matched in: Term payee
Payee
Matched in: Term Payee
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fictitious payee
Matched in: Term fictitious payee
Holder
Holder, a payee or indorse in possession of a bill of exchange or a promissory note. The 'holder' of a promissory
Crossed cheques
for the drawer of a cheque to write across it, between two parallel lines, the name of the payee's banker, in which case the banker on whom the cheque is drawn should only pay to that banker;
endorse
+ dorsum back] 1 : to write on the back of ;esp : to sign one's name as payee on the back of (an instrument) in order to receive the cash or credit represented on the face
Bill of Exchange
the drawee, and after accepting it, the acceptor; the person in whose favour it is drawn is the payee; if he endorse the bill to another, he is called the endorser, and the person to whom it
Holder in due course
R. E. Jones Ltd. v. Warning and Gillow Ltd., 1926 AC 670, it was held that the original payee of a cheque is not a holder in due course within the meaning of the Bill of Exchange
Promissory Note
to whom it is payable is called the 'payee': when it is negotiated by the indorsement of the payee, he is called the 'indorser,' and the person to whom the note is transferred is called the 'indorsee,'
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