indorsement for deposit
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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
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
indorsement, restrictive — n. Words placed on an instrument that limit the circumstances in which it can be paid out, e.g., “for deposit only.” The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
indorsement — /andorsmant/ The act of a payee, drawee, accommodation indorser, or holder of a bill, note, check, or other negotiable instrument, in writing his name upon the back of the same, with or without further or qualifying words, whereby the property in … Black's law dictionary
indorsement — /andorsmant/ The act of a payee, drawee, accommodation indorser, or holder of a bill, note, check, or other negotiable instrument, in writing his name upon the back of the same, with or without further or qualifying words, whereby the property in … Black'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
restrictive indorsement — An indorsement of a negotiable instrument which either prohibits the further negotiation of the instrument, or constitutes the indorsee the agent of the indorser, or vests the title in the indorsee in trust for or to the use of some other person … Ballentine's law dictionary
collection indorsement — An indorsement on an item that is restrictive because it signifies a purpose of deposit or collection by including words such as for collection , for deposit , pay any bank , or like terms. U.C.C. No. 3 205(c). See also for collection … Black's law dictionary
collection indorsement — An indorsement on an item that is restrictive because it signifies a purpose of deposit or collection by including words such as for collection , for deposit , pay any bank , or like terms. U.C.C. No. 3 205(c). See also for collection … Black's law dictionary
endorsement — en·dorse·ment also in·dorse·ment n 1: the act or process of endorsing 2: an inscription (as a signature or notation) on a document or instrument; esp: an inscription usu. on the back of a negotiable instrument that transfers or guarantees the… … Law dictionary