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LSDefine

Simple English definitions for legal terms

approved indorsed note

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A quick definition of approved indorsed note:

An approved indorsed note is a written promise to pay money from one person to another. It's like an IOU. Sometimes, another person will sign the note to make it more secure. There are many different types of notes, like ones that require small payments and a big final payment, or ones that are backed by property. Notes can also be used to buy things, like a house or a car.

A more thorough explanation:

An approved indorsed note is a type of promissory note that has been endorsed by a third party to provide additional security. A promissory note is a written promise by one party to pay money to another party or to bearer. It is a two-party negotiable instrument, unlike a draft which is a three-party instrument.

For example, if John owes money to Jane, he can give her a promissory note stating that he will pay her back by a certain date. If Jane wants additional security, she can have a third party, such as a bank, endorse the note. This means that the bank is also liable for the payment if John fails to pay.

Other types of promissory notes include:

These examples illustrate the different types of promissory notes that exist and the various ways in which they can be used to secure a loan or debt. It is important to understand the terms and conditions of a promissory note before signing or endorsing it.

Approved Drug Products with Therapeutic Equivalence Evaluations | approved list

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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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