indorser

indorser
One who indorses; one who signs as an indorser; even one who signs on the face of the instrument, provided he indicates his character as an indorser in writing appearing with the signature. Peoples Nat. Bank v Dicks, 258 Mich 441, 242 NW 825. One who indorses a registered security by way of transferring or assigning the instrument or granting another the authority to assign or transfer it. 15 Am J2d Com C § 32. See accommodation indorser; indorsement; satisfactory indorser.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • indorser — n. The person who signs the check or instrument to transfer it to another. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. indorser n. A person who assi …   Law dictionary

  • Indorser — In*dors er, Indorsor In*dors or, n. The person who indorses. [Written also {endorser}.] [1913 Webster] …   The Collaborative International Dictionary of English

  • indorser — n. one who signs a document (as in a check or bill); one who supports or approves (also endorser) …   English contemporary dictionary

  • indorser — /andorsar/ Person who indorses; i.e., being the payee or holder, writes his name on the back of a negotiable instrument. One who signs his name as payee on the back of a check to obtain the cash or credit represented on its face. A signer of an… …   Black's law dictionary

  • indorser — /andorsar/ Person who indorses; i.e., being the payee or holder, writes his name on the back of a negotiable instrument. One who signs his name as payee on the back of a check to obtain the cash or credit represented on its face. A signer of an… …   Black's law dictionary

  • indorser — noun 1. someone who expresses strong approval • Syn: ↑subscriber, ↑endorser, ↑ratifier • Derivationally related forms: ↑ratify (for: ↑ratifier), ↑indorse, ↑ …   Useful english dictionary

  • indorser duly notified in writing — A phrase used in the entry of the protest of a negotiable instrument. Bell v Perkins, 7 Tenn (Peck) 261 …   Ballentine's law dictionary

  • indorser not holden — See without recourse …   Ballentine's law dictionary

  • indorser's liability — The liability incurred by the endorsement of a negotiable instrument. 11 Am J2d B & N §§ 598 et seq …   Ballentine's law dictionary

  • satisfactory indorser — An indorser for accommodation who is satisfactory to the payee, subject to the qualification that the payee is not to reject capriciously. Cutter v Cutter, 48 NY Super Ct (16 Jones & S) 470, 475 …   Ballentine's law dictionary

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