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Payee - Law Dictionary Search Results

Home Dictionary Name: payee

Payee

by the instrument directed to be paid is called the payee negotiable instruments act 1881 26 of 1881 s 7


fictitious payee

fictitious payee a person named as payee in an instrument who does not in fact exist or


payee

payee a person to whom money is to be or has


Crossed cheques

across it between two parallel lines the name of the payee s banker in which case the banker on whom the


endorse

the back of esp to sign one s name as payee on the back of an instrument in order to receive


Bill of Exchange

the endorsee or holder and so on ad infinitum a payee is not a holder in due course jones v waring


Holder in due course

of exchange or cheque if payable to bearer or the payee or indorsee thereof if payable to order before the amount


Negotiable instruments

to one of two or one or some of several payees negotiable instruments act 1881 26 of 1881 s 13


Promissory Note

payee when it is negotiated by the indorsement of the payee he is called the indorser and the person to whom


Sets of Exchange, or of Bills

period for the drawer to draw and deliver to the payee several parts commonly called a set of the same bill


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