Tag: Notes
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Accommodation paper
A negotiable instrument made or indorsed without consideration for the benefit of another. …
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Accommodation paper
A negotiable instrument made or indorsed without consideration for the benefit of another. …
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Special Acceptance
A qualified acceptance of a bill of exchange, as by stipulating for payment at a certain time or place. …
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Trade Acceptance
A draft or bill of exchange drawn by the seller on the purchaser of goods sold and accepted by such purchaser. See Luikart v Massachussetts Bonding & Ins. Co., 129 Neb. 771, 263 N. W. 124. A negotiable instrument. See Merson v Sun Ins. Co., 253 N. Y.S.2d51, 44 Misc.2d 131. The purpose of such…
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Allonge
(Ft.) A piece of paper annexed to a bill of exchange or promissory note, on which to write indorsements for which there is no room on the instrument itself. Pardessus, note 343; Story, Prom, Notes, ç1 121, 151. …
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Acceptor supra protest
A party who accepts a bill which has been protested, for the honor of the drawer or any one of the indorsers. …
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Acceptor supra protest
A party who accepts a bill which has been protested, for the honor of the drawer or any one of the indorsers. …
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Accommodation Party
One who has signed the instrument as maker, drawer, acceptor, or indorser without receiving value therefor, and for the purpose of lending his name to some other person. Neg. Inst. Law N. Y, Ãâç 55. …
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Acceptor
The party who accepts a bill of exchange. 3 Kent, Comm. 75. The party who undertakes to pay a bill of exchange in the first instance. …
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Acceptor
The party who accepts a bill of exchange. 3 Kent, Comm. 75. The party who undertakes to pay a bill of exchange in the first instance. …