qualified indorsement

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• Qualified indorsement — Qualified Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee… …   The Collaborative International Dictionary of English

• qualified indorsement — See conditional indorsement …   Ballentine's law dictionary

• Qualified — Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee ceasing… …   The Collaborative International Dictionary of English

• Qualified fee — Qualified Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee… …   The Collaborative International Dictionary of English

• Qualified negative — Qualified Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee… …   The Collaborative International Dictionary of English

• Qualified property — Qualified Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee… …   The Collaborative International Dictionary of English

• indorsement — /andorsmant/ The act of a payee, drawee, accommodation indorser, or holder of a bill, note, check, or other negotiable instrument, in writing his name upon the back of the same, with or without further or qualifying words, whereby the property in …   Black's law dictionary

• indorsement — /andorsmant/ The act of a payee, drawee, accommodation indorser, or holder of a bill, note, check, or other negotiable instrument, in writing his name upon the back of the same, with or without further or qualifying words, whereby the property in …   Black's law dictionary

• indorsement — Literally, as derived from the Latin indorsa, a writing on the back; employed in common as well as legal usage to designate the transaction whereby the holder of a bill or note transfers his right to such instrument to another person and incurs… …   Ballentine's law dictionary

• qualified — Adapted; fitted; entitled; susceptible; capable; competent; fitting; possessing legal power or capacity; eligible; as a qualified voter (q.v.). Applied to one who has taken the steps to prepare himself for an appointment or office, as by taking… …   Black's law dictionary

• without recourse — Words that may be used by a drawer in signing a draft or check so as to eliminate completely the drawer s secondary liability. This phrase, used in making a qualified indorsement of a negotiable instrument, signifies that the indorser means to… …   Black's law dictionary