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accommodation endorser [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1998-12-22

English

Subject field(s)
  • Foreign Trade
DEF

Person who endorses a "Promissory note" as a favor to the borrower, without compensation or benefit.

OBS

Commercial and literary use favors "endorse", legal "indorse".

OBS

for "endorser": When the purpose of endorsing is to guarantee payment of an instrument to the order of another, endorser corresponds to "avaliseur"; when the purpose is to transfer title to an instrument in one's own order, endorser corresponds to "endosseur".

OBS

for "guarantor": The term guarantor is used in English to denote persons secondarily liable for the payment of a) the debts of another or b) a negotiable instrument which he has endorsed without passing into possession of it. Only in the latter case is the corresponding French term "avaliseur"; in the former instance the French rendering would be "caution".

Key term(s)
  • anomalous endorser
  • anomalous indorser
  • indorser

French

Domaine(s)
  • Commerce extérieur
DEF

Personne qui s'oblige à acquitter un effet de commerce en cas de défaillance du souscripteur (dans le cas d'un billet), ou bien du tiré ou du tireur (dans le cas d'une traite).

OBS

L'aval est généralement donné sur l'effet par la mention bon pour aval, suivi de la signature de l'avaliseur (ou par la seule signature de l'avaliseur) apposée au recto de l'effet.

Spanish

Campo(s) temático(s)
  • Comercio exterior
DEF

Aquel que efectúa el endoso de efectos de comercio u otros títulos valores.

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