Without recourse: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Added 1 line space before see also + 'Recourse' added to see also 15/2/13) |
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A phrase followed by the signature of a drawer or endorser of a negotiable instrument, whereby liability is disclaimed to subsequent holders in the event of non-payment. | A phrase followed by the signature of a drawer or endorser of a negotiable instrument, whereby liability is disclaimed to subsequent holders in the event of non-payment. | ||
== See also == | == See also == | ||
* [[Forfaiting]] | * [[Forfaiting]] | ||
* [[Recourse]] | |||
Revision as of 14:29, 15 February 2014
A phrase followed by the signature of a drawer or endorser of a negotiable instrument, whereby liability is disclaimed to subsequent holders in the event of non-payment.
