for deposit

for deposit
A form of restrictive indorsement. 11 Am J2d B & N § 362. A restrictive indorsement which indicates that the indorsee bank is an agent for collection, not the owner. 10 Am J2d Bks § 403.

Ballentine's law dictionary. . 1998.

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  • for deposit only — A form of restrictive indorsement. 11 Am J2d B & N § 362. See for deposit …   Ballentine's law dictionary

  • indorsement for deposit — See for deposit …   Ballentine's law dictionary

  • for deposit only — phrase written on a check which limits its negotiability …   English contemporary dictionary

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  • Deposit — De*pos it, n. [L. depositum, fr. depositus, p. p. of deponere: cf. F. d[ e]p[^o]t, OF. depost. See {Deposit}, v. t., and cf. {Depot}.] 1. That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter precipitated… …   The Collaborative International Dictionary of English

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