See Also: INDORSEE, contracts(law)
mace(medicine)
Mace(recipes)
mace(dictionary)
mace(6)(dictionary)
mace(5)(dictionary)
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INDORSEE, contracts (law) and mace (oh)


INDORSEE, contracts (law)


INDORSEE, contracts. The person in whose favor an indorsement is made, 2. He is entitled to all the rights of the indorser, and, if the bill 2. He is entitled to all the rights of the indorser, and, if the bill or note have been indorsed over to him before it became due, he may be or note have been indorsed over to him before it became due, he may be entitled to greater rights than the payee and indorser would have had, had entitled to greater rights than the payee and indorser would have had, had he retained it till it became due, as none of the parties can make a set-he retained it till it became due, as none of the parties can make a set-off, or inquire into the consideration of the bill which he then holds. If off, or inquire into the consideration of the bill which he then holds. If he continues to be the holder (q.v.) when the bill becomes due, he ought to he continues to be the holder (q.v.) when the bill becomes due, he ought to make a legal demand, and give notice in case of non-acceptance or non-make a legal demand, and give notice in case of non-acceptance or non-payment. Chitty on Bills, passim. payment. Chitty on Bills, passim.

mace (oh)



[Sense: 1; Date: 1200-1300; Language: French; Origin: macis, from Latin macir, from Greek]
[Sense: 2-3; Date: 1200-1300; Language: Old French; Origin: Vulgar Latin mattia]
[U] a spice made from the dried shell of a nutmeg
[C] a heavy ball with sharp points on a short metal stick, used in the past as a weapon
[C] a decorated stick that is carried by an official in some ceremonies as a sign of power
-see also sceptre sceptre