accommodated indorser
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accommodated party — The person for whose benefit another known as the accomodation party signs a bill or note as maker, drawer, acceptor or indorser, thereby lending the credit of his name to the former. 11 Am J2d B & N § 121. An indorser is accommodated when the… … Ballentine'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 — /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
