Examlex
When new employees are required to join a union within a specified period of time, this is referred to as
Endorsement
The act of signing the back of a financial document or negotiable instrument, thereby transferring rights or authorizing actions related to the document.
Delegatee
A third party who is not part of the original contract but to whom duties to perform are transferred by one of the contracting parties (a delegator).
Order Instrument
An instrument payable to a specific, named payee.
Instrument Payable
A written document that promises the payment of a definite amount of money either on demand or at a future date.
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