QUALIFIED INDORSEMENT

  

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QUALIFIED INDORSEMENT

Definition: QUALIFIED INDORSEMENT

QUALIFIED INDORSEMENT

1. (Law), an indorsement which modifies the liability of the indorser that would result from the general principles of law, but does not affect the negotiability of the instrument. --Story.

Source: Webster's Revised Unabridged Dictionary (1913)
 


Specialty Definition: QUALIFIED INDORSEMENT

DomainDefinition

Finance

A'qualified indorsement'expressly negatives or limits the personal liability of the indorser. A common indorsement of this kind is one to which the words'sans recours'are added. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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Modern Translation: QUALIFIED INDORSEMENT

Language Translations for "QUALIFIED INDORSEMENT"; alternative meanings/domain in parentheses.

Danish

  

endossement sine obligo (indorsement sans recours, indorsement without recourse). (various references)

   

Pig Latin

  

alifiedquay indorsementay

Source: compiled by the editor from various translation references.

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INDEX

1. Definition
2. Translations: Modern
3. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.