Definitions for "Qualified Endorsement" Add To Word List
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A signature on the back of a negotiable instrument transferring the amount to some other party but that includes wording that limits the endorser's liability.
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Is one which limits the liability of the endorser. Such an endorsement is effected simply by adding the words "without recourse," after the signature.
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An endorsement that includes the words "Without Recourse," followed by the endorser's signature, and means that the endorser does not have to pay if the check is not honored.
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An endorsement on a check or other instrument containing the words "without recourse" or similar language intended to limit the endorsers liability.
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A legal term denoting an endorsement on a negotiable instrument, including the words "without recourse" or similar words, with the intent of limiting the liability of the endorser.
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