indorsee in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Indorsee: a person to whom a check or other negotiable instrument is transferred, gaining the rights to the funds upon endorsement.
Crossword clues for indorsee
Crossword clue ideas and answer hints for the word "indorsee".
- The recipient of a transferred check.
- A person who receives a negotiable instrument.
- Someone endorsed to collect funds.
- The individual benefiting from a check transfer.
- A party gaining rights from an endorsement.
Indorsee sentence examples
- The indorsee must sign the back of the check to transfer ownership.
- In a financial transaction, the indorsee gains the rights to the funds.
- It's important for the indorsee to ensure that all details are correct before accepting the document.
- The contract required the indorsee to confirm receipt of the goods.
- As the indorsee, she was legally entitled to claim the payment from the issuer.