qualified endorsement
Definition
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.
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qualified endorsement is in the Banking, Commerce & Finance and International Trade & Relations subjects.
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http://www.businessdictionary.com/definition/qualified-endorsement.html







