Definition of Accommodation indorser

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historic definition...

Accommodation indorser -- One who without consideration or protection indorses the paper (promissory note or bill of exchange or draft) of another which is not payable to himself.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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