recourse against the endorser

recourse against the endorser
регресс к индоссанту

Ценные бумаги. Англо-русский словарь. . 2013.

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Смотреть что такое "recourse against the endorser" в других словарях:

  • recourse — To recur. The right of a holder of a negotiable instrument to recover against a party secondarily liable, e.g., prior endorser or guarantor. Therefore, if a prior endorser signs without recourse, he exempts himself from liability for payment, but …   Black's law dictionary

  • commercial transaction — ▪ economics Introduction       in law, the core of the legal rules governing business dealings. The most common types of commercial transactions, involving such specialized areas of the law and legal instruments as sale of goods and documents of… …   Universalium

  • Negotiable instrument — A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time. According to the Section 13 of the Negotiable Instruments Act, 1881 in India, a negotiable instrument means a… …   Wikipedia


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