- indorsement for clearing house purposes only
- See for clearing house purposes only.
Ballentine's law dictionary. Anderson, W.S.. 1998.
indorsement for clearing house purposes only
Look at other dictionaries:
for clearing house purposes only — An ordinary form of indorsement of a check by a bank holding it for collection; an indorsement which does not constitute a representation that the bank is the owner. 10 Am J2d Bks § 840 … Ballentine's law dictionary
indorsement — Literally, as derived from the Latin indorsa, a writing on the back; employed in common as well as legal usage to designate the transaction whereby the holder of a bill or note transfers his right to such instrument to another person and incurs… … Ballentine's law dictionary
