qualified endorsement



Endorsement that adds certain words which limit, qualify, or restrain the endorser's liability. For example, adding the term 'without recourse' to a negotiable instrument signifies that the endorser shall not be liable if the instrument is dishonored.

Use this term in a sentence


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z