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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Indorser Definition A person other than the maker, drawer, or acceptor who signs an instrument for the purpose of negotiating the instrument, restricting payment of the instrument, or incurring liability on the instrument.www.quimbee.com/keyterms/indorserThe person who makes an indorsement. 2. The indorser of a bill of exchange, or other negotiable paper, by his indorsement undertakes to be responsible to the holder for the amount of the bill or note, if the latter shall make a legal demand from the payer, and, in default of payment, give proper notice thereof to the indorser.legal-dictionary.thefreedictionary.com/indorserFind the legal definition of INDORSER from Black's Law Dictionary, 2nd Edition. He who indorses; i. e., being the payee or holder, writes his name on the back of a bill of exchange, etc....thelawdictionary.org/indorser/Indorsement can be done to accept payment or responsibility for a debt or obligation. An indorser is the person who makes an indorsement.www.law.cornell.edu/wex/indorseFor the purpose of determining whether a signature is made on an instrument, a paper affixed to the instrument is a part of the instrument. (b) " Indorser " means a person who makes an indorsement.www.law.cornell.edu/ucc/3/3-204
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