Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Backing. Endorsement, esp. Of a warrant by a magistrate.
See back (4).
Endorsement
n. 1. INDORSEMENT. 2. An amendment to an insurance policy; a rider. - endorse, ub.
endorsement in full.
See special endorsement.
irregular endorsement.
An indorsement by a person who signs outside the chain of title and who therefore is neither a holder nor a transferor of the instrument. ( An irregular indorser is generally treated as an accommodation party. See ACCOMMODATION PARTY. -Also termed anomalous indorsement; full endorsement.
qualified endorsement
An indorsement that passes title to the instrument but limits the indorser's liability to later holders if the instrument is later dishonored. 0 Typically, a qualified indorsement is made by writing "without recourse" or "sans recourse" over the signature. - Also termed indorsement without recourse. UCC ยง 3-115(b). See WITHOUT RECOURSE.