Qualified, Qualified Indorsement

Qualified, Qualified Indorsement
"Legal Lexicon":
QUALIFIED - This term is frequently used in law. A man has a qualified property in animals ferae naturae, while they remain in his power, but, as soon as they regain their liberty, his property in them is lost. A man has a qualified right to recover property of which he is not the owner, but which was unlawfully taken out of his possession. But this right may be defeated by the owner bring a suit or claiming the property.
QUALIFIED INDORSEMENT - A transfer of a bill of exchange or promissory note to an indorsee, without any liability to the indorser; the words usually employed for this purpose, are sans recours, without recourse.
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English-Chinese law dictionary (法律英汉双解大词典). 2013.

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Look at other dictionaries:

  • 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

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