Search Results for: INDORSEE

remote indorsee

glossary / ,

remote indorsee 前手的被背书人 指持有汇票、本票等票据的被背书人，就其获得该票据的背书之前所作背书中的背书人而言的一种地位。亦即被背书人相对于背书人的前手的关系。例如，甲将某一汇票转让给乙，乙将其背书转让给丙，则丙相对于甲而言，即为前手的被背书人。 remote indorsee 2 前手的被背书人 指持有汇票、本票等票据的被背书人，就其获得该票据的背书之前所作背书中的背书人而言的一种地位。亦即被背书人相对于背书人的前手的关系。例如，甲将某一汇票转让给乙，乙将其背书转让给丙，则丙相对于甲而言，即为前手的被背书人。

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indorsee

glossary /

indorsee (in-dor-see). A person to whom a negotiable instrument is transferred by indorsement. — Also spelled endorsee. indorsee in due course. An indorsee who, in the ordinary course of business, acquires a negotiable instrument in good faith for value, before its maturity, and without knowledge of its dishonor.

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negotiable

glossary /

negotiable, adj. 1. (Of a written instrument) capable of being transferred by delivery or indorsement when the transferee takes the instrument for value, in good faith, and without notice of conflicting title claims or defenses. [Cases: Bills and Notes 144. C.J.S. Bills and Notes; Letters of Credit§§ 127, 129–130, 143.] 2. (Of a deal, agreement,

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en recouvrement

glossary /

en recouvrement (on ray-koo-vr[schwa]-mon). [French “for purpose of recovery”] French law. An indorsement on a bill of exchange that does not transfer the property in the bill of exchange but merely gives the indorsee the authority to recover the amount of the bill.

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negotiability

glossary /

negotiability. The capability of commercial paper to have its title transferred by indorsement and delivery, or by delivery alone, so that the transferee has a rightful claim on it. • Negotiability (which pertains to commercial paper) differs from assignability (which pertains to contracts in general) because an assignee traditionally takes title subject to all equities,

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