Definition of Accommodation endorser
1. Noun. A person who endorses a promissory note without compensation or benefit but simply as a favor to the borrower.
Lexicographical Neighbors of Accommodation Endorser
Literary usage of Accommodation endorser
Below you will find example usage of this term as found in modern and/or classical literature:
1. Reports of Cases Argued and Determined in the Supreme Court of Louisiana by Louisiana Supreme Court (1866)
"It results from this doctrine that the payment made by Robinson, who was also an accommodation endorser of the note, and as such is likewise viewed as a ..."
2. The Kentucky Law Reporter by Kentucky Court of Appeals (1904)
"... the accommodation endorser for his codefendants ; and allégée that the note sued on matured on the 18th day of October, 1808; that it was not protested ..."
3. South-western Law Journal and Reporter by Milton A. Haynes, Tennessee Supreme Court (1844)
"REESE, J: This is an attachment bill filed by the complainant, who is an accommodation endorser upon a bill of exchange drawn by GC Newman, and another upon ..."
4. The Southern Law Review by William S. Hein & Company (1877)
"Set-off—Deposits of bankrupt in a bank may be held as security for his BANKS AND BANKING.—Authority of cashier to bind bank as an accommodation endorser. ..."
5. Southern Law Review and Chart of the Southern Law and Collection Union by William S. Hein & Company (1877)
"Authority of cashier to bind bank as an accommodation endorser.—The cashier of'a bank is not presumed to have power, b} reason of his official position, ..."