Qualified indorsement
| (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. |
See also: Qualified
| 单词 | qualified indorsement | ||
| 释义 | Qualified indorsement
See also: Qualified Qualified indorsementQUALIFIED INDORSEMENT. A transfer of a bill of exchange or promissory note to an indorsee, without any liability to the indorser; the words usually employed for this purpose, are sans recours, without recourse. 1 Bouv. Inst. n. 1138, |
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