bank indorsement

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• 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

• bank money order — An instrument issued by an authorized officer of a bank and directed to another bank, evidencing the fact that the payee may demand and receive upon indorsement and presentation to the other bank the amount stated on the face of the instrument,… …   Ballentine's law dictionary

• indorsement with enlarged liability — An indorsement of a bill or negotiable instrument with the written words demand, notice, and protest waived, and payment guaranteed, appearing above the signature of the indorser. Buck v Davenport Sav. Bank, 29 Neb 407 …   Ballentine's law dictionary

• pay any bank — An indorsement upon a check or similar item delivered for collection. 10 Am J2d Bks § 694. A form of restrictive indorsement. 11 Am J2d B & N § 362. Under the provisions of the Uniform Commercial Code, after an item has been indorsed with the… …   Ballentine's law dictionary

• proper indorsement — An indorsement of a bill or note, embracing the signature of the indorser and in such form as to transfer title to the instrument and warrant payment by the maker to the indorsee. Thompson v Farmers State Bank, 159 Iowa 662, 140 N W 877. The… …   Ballentine's law dictionary

• general indorsement — An indorsement of a bill or note made without qualification. Uniform Negotiable Instruments L § 66; 11 Am J2d B & N § 359. An indorsement in which no indorsee is named. Santa Marina Co. v Canadian Bank of Commerce (CA9 Cal) 254 F 391 …   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