indorsee (Meaning)
Webster
indorsee (n.)
The person to whom a note or bill is indorsed, or assigned by indorsement.
Synonyms & Antonyms of indorsee
No Synonyms and anytonyms found
indorsee Sentence Examples
- The indorsee on the check deposited it into her bank account.
- The indorsement on the promissory note designated the indorsee as the new holder.
- The indorsee had proper legal title to the instrument and could enforce payment.
- Upon indorsement, the rights and liabilities of the indorsee became identical to those of the indorser.
- The indorsee was entitled to receive payment from the maker of the note.
- The indorsement did not guarantee the solvency of the indorser.
- A restrictive indorsement limited the transferability of the instrument to the specified indorsee.
- The indorsee was responsible for any warranties implied by the indorsement.
- The indorsee could sue the indorser if the maker failed to make payment.
- The indorsee had the right to demand the indorsement to be certified.
FAQs About the word indorsee
The person to whom a note or bill is indorsed, or assigned by indorsement.
No synonyms found.
No antonyms found.
The indorsee on the check deposited it into her bank account.
The indorsement on the promissory note designated the indorsee as the new holder.
The indorsee had proper legal title to the instrument and could enforce payment.
Upon indorsement, the rights and liabilities of the indorsee became identical to those of the indorser.
