Endorser definition

Endorser means a person who makes an endorsement.
Endorser means an individual or organization that provides an Endorsement.
Endorser means a person who signs a student loan promissory note as an accommodation party, in the manner of KRS 355.3-419, and is secondarily liable for payment on such note.

Examples of Endorser in a sentence

  • Contingent LiabilitiesAs Endorser or Co-Maker $ Legal Claims & Judgments $ Provision for Federal Income Tax $ Other Special Debt $ Description of Other Income in Section 1.

  • Note to Endorser: Although you are not eligible to receive a deferment, you may receive a forbearance.

  • Note to Endorser: If we discharge the full amount of the borrower’s loan for any of the conditions described above, you are no longer obligated to make any payments on the loan.

  • In course of transfer of a promissory note by payee and others, the parties involved may be –(a) The Endorser – the person who endorses the note in favour of another person.(b) The Endorsee – the person in whose favour the note is negotiated by endorsement.

  • Note to Endorser: You must notify the Direct Loan Servicing Center if you change your address, telephone number, name, or employer, or if your employer’s address or telephone number changes.


More Definitions of Endorser

Endorser. A person who is secondarily liable for the repayment of a Federal PLUS Loan obligation.
Endorser. A person fitting the definitions found at 34 CFR 682.200 or 34 CFR 685.102(b) who is secondarily liable for the repayment of a federal student loan.
Endorser means a person who signs a promissory note and who becomes secondarily liable for a loan obligation, agreeing to pay if the borrower does not pay;
Endorser means a person who signs a promissory note, or an endorser addendum for a PLUS Loan, and who, by signing that note or addendum, becomes secondarily liable for a loan obligation, agreeing to pay if the borrower does not pay;
Endorser means a person who signs a student loan promissory note as an
Endorser means the head teacher.
Endorser and “endorsement” shall mean as defined in 16 C.F.R. 2.55.0(b).