What is another word for Indorser?

Pronunciation: [ɪndˈɔːsə] (IPA)

Indorser is a legal term that refers to a person who signs a document or endorses a cheque. There are several synonyms for this word, such as endorser, signatory, co-signer, guarantor, and surety. The term endorser generally refers to the person who endorses a cheque or a negotiable instrument. Signatory, on the other hand, refers to a person who signs a document or an agreement on behalf of an organization or a group. Co-signer is a term used in lending, where a person jointly signs a loan or a credit application with another person. Guarantor and surety are used in situations where a person guarantees the payment of a debt or obligation.

Usage examples for Indorser

The person who makes the draft is called "the drawer;" the person to whom the money is ordered paid writes his name on the back of the draft and is called "an Indorser."
"McGuffey's Fifth Eclectic Reader"
William Holmes McGuffey
To fix responsibility upon an Indorser, payment must be demanded of the principal debtor on the very day when the obligation matures, and if payment is not made notice of the fact must be sent to the Indorser before the end of the following day.
"Studies in Civics"
James T. McCleary
His obligation is that of a surety or first Indorser.
"Studies in Civics"
James T. McCleary

Related words: indorser app, indorser definition, indorser meaning in hindi, indorse definition, what does indorse mean in english, indorse meaning in urdu, indorse meaning in tamil, indorse definition in hindi, what does indorse mean

Related questions:

  • What is an indorser?
  • Word of the Day

    fraternal benefit society benefits
    The antonyms for "fraternal benefit society benefits" are difficult to pinpoint as they are more conceptual than actual opposites. However, some potential antonyms may include "ind...