what is the difference in bearer and endorser
what is the difference in bearer and endorser
BEARER: One who holds a check, note, draft, or other order for the payment of money; as, pay to bearer.
ENDORSER: A person who transfers his ownership interest in something by signing a check or negotiable security.
| Originally posted by : Ankur | ||
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As per negotiable instrument BEARER: One who holds a check, note, draft, or other order for the payment of money; as, pay to bearer. ENDORSER: A person who transfers his ownership interest in something by signing a check or negotiable security. |
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