endorseeindorseen.
/ˌɛndɔːˈsiː//ˌɪndɔːˈsiː/ One in whose favour a note or bill is endorsed, or to whom it is assigned by endorsement.
ΘΚΠ
society > trade and finance > money > medium of exchange or currency > paper money > promissory notes or bills of exchange > [noun] > a promissory note or bill of exchange > holder of > one to whom bill is endorsed
endorsee1754
indorsee1754
1754 New & Compl. Dict. Arts & Sci. I. 300 The indorsee is to receive the money of the first drawer, if he can.
1766 W. Gordon Gen. Counting-house 340 The holder or last indorsee.
1767 W. Blackstone Comm. Laws Eng. (ed. 2) II. 469 The indorsee..may call upon either the drawer or the indorsor.
1785 H. Arnot Coll. Trials Scotl. 283 The point in dispute was, whether this forgery was contrived by..the drawer and indorser, or..the indorsee.
1809 R. Langford Introd. Trade 22 They become answerable to their indorsee.
1817 W. Selwyn Abridgem. Law Nisi Prius (ed. 4) II. 1186 The legal title..of the indorsee of a bill of lading, may be impeached on the ground of fraud.
1849 J. W. Gilbart Banking (ed. 5) 55 The person who indorses a bill is called the indorser; the person to whom it is indorsed is called the indorsee [1828 (ed. 2) has endorses, endorser, endorsed, endorsee].
1866 A. Crump Pract. Treat. Banking 122 A payee indorsing a bill not negotiable is liable to his indorsee; for each indorser as it were takes the place of a new drawer.
1888 Times 3 Nov. 9/4 The indorsee of the bill was a fictitious person.
This entry has not yet been fully updated (first published 1891; most recently modified version published online March 2018).
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n.1754