- two-name paper
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/tooh"naym'/, Banking.commercial paper having more than one obligor, usually a maker and endorser, both of whom are fully liable.
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Universalium. 2010.
two-name paper
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two-name paper — Two name Two name , a. (Banking) Having or bearing two names; as, {two name paper}, that is, negotiable paper on which at least two persons are severally liable as separate makers, or, usually, one as maker and one as indorser. [Colloq.] [Webster … The Collaborative International Dictionary of English
Two Name Paper — A nickname assigned to trade paper. Both Trade Acceptances and Bankers Acceptances can be called two name paper. In order to bear this name, these instruments must carry two signatures. The signatures for two name aper can be either as endorser… … Investment dictionary
two-name paper — ˈ ̷ ̷| ̷ ̷ noun : negotiable paper on which two signatures appear with both parties liable for payment * * * /tooh naym /, Banking. commercial paper having more than one obligor, usually a maker and endorser, both of whom are fully liable. * * *… … Useful english dictionary
Two-name — a. (Banking) Having or bearing two names; as, {two name paper}, that is, negotiable paper on which at least two persons are severally liable as separate makers, or, usually, one as maker and one as indorser. [Colloq.] [Webster 1913 Suppl.] … The Collaborative International Dictionary of English
two-name — (to͞oʹnām ) adj. Relating to or being a commercial paper bearing the signatures of two persons liable for the obligation. * * * … Universalium
double-name paper — noun : two name paper … Useful english dictionary
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