| 单词 | without recourse |
| 释义 | > as lemmaswithout recourse P3. Law. without recourse: a formula used by the drawer or endorser of a bill, note, etc., to disclaim liability in the case of non-payment. ΘΚΠ society > law > legal obligation > [phrase] > absence of liability without recourse1773 1773 J. Erskine Inst. Law Scotl. II. iii. ii. 436 If the indorsee cannot make good his payment..he hath recourse..against the indorser... When therefore the indorser of a bill wants to be free from such recourse, he ought to subjoin to his indorsation the words without recourse. 1829 Rep. of Cases Argued & Determined in Superior Court New York (1833) 176 The goods being delivered, the defendants offered the note proposed to the factor,endorsed without recourse, which he refused to receive. 1878 M. D. Chalmers Digest of Law of Bills of Exchange iv. 97 It is held in America that an indorser ‘without recourse’ is responsible..e.g., where the bill is a forgery. 1918 Pacific Reporter 172 405/1 An indorser may qualify his indorsement with the words ‘without recourse’. 1995 R. Hussey Dict. Accounting (1999) 355 Without recourse (sans recours), words that appear on a bill of exchange to indicate that the holder has no recourse to the person from whom it was bought, if it is not paid. < as lemmas |
| 随便看 |
|
英语词典包含1132095条英英释义在线翻译词条，基本涵盖了全部常用单词的英英翻译及用法，是英语学习的有利工具。