Advertisement - Continue reading below

Definition of "indorsee" []

  • The person to whom a note or bill is indorsed, or assigned by indorsement. (noun)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

Use "indorsee" in a sentence
  • "The rule that a consideration is necessary to a valid contract applies to all contracts and engagements not under seal, except bills of exchange and negotiable notes after they have passed into the hands of an innocent indorsee."
  • "Now if any holder or indorsee wishes it paid to any particular person, he fills up the blank by writing a request to that effect above the name of the indorser, thus: "Pay to George Bruce," or "Pay to George Bruce or order;" who, again, may by indorsement order it paid to some particular person."
  • "Both have abandoned enquire for inquire, but they remain faithful to encumbrance, endorse and enclose, though they list indorsation and the Oxford also gives indorsee."