qualified endorsement

qualified endorsement
qualified endorsement see endorsement

Merriam-Webster’s Dictionary of Law. . 1996.

qualified endorsement
index without recourse

Burton's Legal Thesaurus. . 2006

qualified endorsement
An endorsement that passes title to a negotiable instrument with certain restrictions. For example, writing "without recourse" on the back of the check would create a qualified endorsement. Compare: blank endorsement
Category: Business, LLCs & Corporations
Category: Divorce & Family Law
Category: Nonprofits
Category: Personal Finance & Retirement
Category: Real Estate & Rental Property
Category: Small Claims Court & Lawsuits
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • qualified endorsement — noun : an endorsement passing title to a commercial paper but disclaiming liability of the indorser should the party primarily liable fail to pay when due * * * qualified endorsement, (in business) an endorsement with the words “without recourse” …   Useful english dictionary

  • qualified endorsement — 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. Bloomberg Financial Dictionary …   Financial and business terms

  • endorsement — en·dorse·ment also in·dorse·ment n 1: the act or process of endorsing 2: an inscription (as a signature or notation) on a document or instrument; esp: an inscription usu. on the back of a negotiable instrument that transfers or guarantees the… …   Law dictionary

  • qualified — qual·i·fied / kwä lə ˌfīd/ adj 1: fitted (as by training or experience) for a given purpose or condition 2 a: being in compliance or accordance with specific requirements or conditions a qualified voter b: eligible under applicable requirements… …   Law dictionary

  • endorsement —    In banking, the act of the owner or payee signing her or his name to the back of a check, bill of exchange or other negotiable instrument so as to make it payable to another or cashable by any holder. A qualified endorsement contains specific… …   Business law dictionary

  • qualified — qualifiedly, adv. qualifiedness, n. /kwol euh fuyd /, adj. 1. having the qualities, accomplishments, etc., that fit a person for some function, office, or the like. 2. having the qualities, accomplishments, etc., required by law or custom for… …   Universalium

  • endorsement — n. approval 1) to give one s endorsement 2) to receive smb. s endorsement 3) to withdraw one s endorsement 4) a qualified; unqualified endorsement * * * [ɪn dɔːsmənt] unqualified endorsement [ approval ] to give one s endorsement a qualified to… …   Combinatory dictionary

  • Qualified New York parties — Elections in New York Federal offices Presidential elections 1996 · 2000 · 2004  …   Wikipedia

  • blank endorsement — see endorsement Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. blank endorsement …   Law dictionary

  • limited endorsement — See conditional endorsement; qualified endorsement …   Ballentine's law dictionary

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