Definition of Indorser

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TeachMeFinance.com - explain Indorser




historic definition...

Indorser -- Properly and strictly an indorser is one who has put his name on the back of a piece of negotiable paper in order to transfer title from himself to another. Very commonly, however, the word is used to include both this class of persons and also those who have put their names upon the paper as sureties. For additional informaton see Indorsement.



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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