TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

QUALIFIED ENDORSEMENT [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2003-08-27

English

Subject field(s)
  • Banking
DEF

Endorser's writing on a check limiting his liability in event of nonpayment or nonacceptance of an instrument. It usually is written with the words "Without Recourse", or similar words to indicate the endorser is not secondarily liable for payment.

French

Domaine(s)
  • Banque
DEF

Endossement qui précise ou limite la responsabilité de l'endosseur. Si l'endosseur écrit les mots «sans recours» avec son endossement, ce dernier devient un endossement conditionnel.

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
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