Dictionary - Definition of INDORSER


Part of Speech	Definition
Noun	1. Someone who expresses strong approval.[Wordnet] 2. A person who transfers his ownership interest in something by signing a check or negotiable security.[Wordnet] 3. Alt. of Indorsor.[Websters].
Sources: WordNet 3.0 Copyright © 2006 by Princeton University. All rights reserved. Webster's Revised Unabridged Dictionary (1913)		Top

"Indorser" is a common misspelling or typo for: indorsed, indorsers.

Date "Indorser" was first used in popular English literature: sometime before 1811. (references)

Specialty Definition: INDORSER

Domain	Definition
Noah Webster	[Noun] The person who indorses, or writes his name on the back of a note or bill of exchange, and who, by this act, as the case may be, makes himself liable to pay the note or bill.. Source: Webster's 1828 American Dictionary.
Law	INDORSER, contracts. 1. The person who makes an indorsement. 2. The endorser of a bill of exchange, or other negotiable paper, by his indorsement undertakes to be responsible to the holder for the amount of the bill or note, if the latter shall make a legal demand from the payer, and, in default of payment, give proper notice thereof to the endorser. But the endorser may make his indorsement conditional, which will operate as a transfer of the bill, if the condition be performed; or he may make it qualified, so that he shall not be responsible on non-payment by the payer. Chitty on Bills, 179,180. 3. To make an endorser liable on his indorsement, the instrument must be commercial paper, for the indorsement of a bond or single bill. will not, per se, create a responsibility. 13 Serg. & Rawle, 311. But see Treval v. Fitch, 5 Whart. 325; Hopkins v. Cumberland Valley R. R. Co., 3 Watts & Serg. 410. 4. When there are several endorsers, the first in point of time is generally, but not always, first-responsible; there may be circumstances which may cast the responsibility, in the first place, as between them, on a subsequent endorsee. 5 Munf. R. 252. (references)
Slang in 1811	INDORSER. A sodomite. To indorse with a cudgel; to drub or beat a man over the back with a stick, to lay CANE upon Abel. Source: 1811 Dictionary of the Vulgar Tongue.
Source: compiled by the editor from various references; see credits.		Top


Part of Speech	Definition
Noun	1. Someone who expresses strong approval.[Wordnet] 2. A person who transfers his ownership interest in something by signing a check or negotiable security.[Wordnet] 3. Alt. of Indorsor.[Websters].
Sources: WordNet 3.0 Copyright © 2006 by Princeton University. All rights reserved. Webster's Revised Unabridged Dictionary (1913)		Top

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Date "INDORSER" was first used in popular English literature: sometime before 1811. (references)

Specialty Definition: INDORSER

Domain	Definition
Noah Webster	[Noun] The person who indorses, or writes his name on the back of a note or bill of exchange, and who, by this act, as the case may be, makes himself liable to pay the note or bill.. Source: Webster's 1828 American Dictionary.
Law	INDORSER, contracts. 1. The person who makes an indorsement. 2. The endorser of a bill of exchange, or other negotiable paper, by his indorsement undertakes to be responsible to the holder for the amount of the bill or note, if the latter shall make a legal demand from the payer, and, in default of payment, give proper notice thereof to the endorser. But the endorser may make his indorsement conditional, which will operate as a transfer of the bill, if the condition be performed; or he may make it qualified, so that he shall not be responsible on non-payment by the payer. Chitty on Bills, 179,180. 3. To make an endorser liable on his indorsement, the instrument must be commercial paper, for the indorsement of a bond or single bill. will not, per se, create a responsibility. 13 Serg. & Rawle, 311. But see Treval v. Fitch, 5 Whart. 325; Hopkins v. Cumberland Valley R. R. Co., 3 Watts & Serg. 410. 4. When there are several endorsers, the first in point of time is generally, but not always, first-responsible; there may be circumstances which may cast the responsibility, in the first place, as between them, on a subsequent endorsee. 5 Munf. R. 252. (references)
Slang in 1811	INDORSER. A sodomite. To indorse with a cudgel; to drub or beat a man over the back with a stick, to lay CANE upon Abel. Source: 1811 Dictionary of the Vulgar Tongue.
Source: compiled by the editor from various references; see credits.		Top