Dictionary of Law

maker :: legal definition

Maker - n. 1) the person who signs a check or promissory note, which makes him/her responsible for payment. 2) a person who endorses a check or note over to another person before it is delivered, making the endorser obligated to pay until it is delivered.

See also: check payee payor promissory note and Related Law Terms ↓

Related Law Terms

abuse of discretion :: n. a polite way of saying a trial judge has made s ... partner's realistic ability to pay.
acceleration clause :: n. a provision in a contract or promissory note th ... . See also: acceleration assumption
adjuster :: n. an employee (usually a non-lawyer) of an insura ... e company in approving settlements.
agency :: n. the relationship of a person (called the agent) ... ondeat superior scope of employment
demand note :: n. a promissory note which is payable any time the ... allments. See also: promissory note
discount :: n. the payment of less than the full amount due on ... now-the difference is the discount.
endorsement :: (indorsement)n. 1) the act of the owner or payee s ... te. See also: negotiable instrument
guarantee :: 1) v. to pledge or agree to be responsible for ano ... as some defect. See also: guarantor
holder :: n. a general term for anyone in possession of prop ... older in due course promissory note
information and belief :: n. a phrase often used in legal pleadings (complai ... nswer complaint declaration perjury
joint and several :: adj. referring to a debt or a judgment for neglige ... ution contributory negligence joint
liability :: n. one of the most significant words in the field ... bility joint tortfeasors negligence
libel :: 1) n. to publish in print (including pictures), wr ... libel per se public figure slander
make :: v. 1) to create something. 2) to sign a check, pro ... xchange check maker promissory note
maturity :: n. 1) the date when the payment of the principal a ... exchange legal age promissory note
negligence :: n. failure to exercise the care toward others whic ... gence per se res ipsa loquitur tort
note :: n. a promissory note, a written statement of debt ... the note. See also: promissory note
notice :: n. 1) information, usually in writing in all legal ... Thirty-day notice three-day notice
presentment :: n. 1) making a demand for payment of a promissory ... ee also: Grand Jury promissory note
product liability :: n. the responsibility of manufacturers, distributo ... e known. See also: warrant warranty
promissory estoppel :: n. a false statement treated as a promise by a cou ... lue of his work. See also: estoppel
promissory note :: n. a written promise by a person (variously called ... lso: interest obligee obligor usury
statute of limitations :: n. a law which sets the maximum period which one c ... ies. See also: demurrer laches toll

Popular Law Searches

legal definition ministerial act :: n. an act, particularly of a governmental employee ... exercising any individual judgment.
chancery legal definition :: n. a court that can order acts performed. Today ch ... ts in most states. See also: equity
testamentary disposition legal definition :: n. how the terms of a will divide the testator's ( ... named beneficiaries. See also: will
contract of sufferance :: n. a "hold-over" tenancy after a lease has expired ... y tenancy at will unlawful detainer
forthwith legal definition :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
what is to wit in a legal contract :: prep. that is to say. Example: "the passengers in ... tty Bumgartner and Sherry Younger."
mirror wills legal definition :: n. the wills of a husband and wife which are ident ... d each names the other as executor.
clean hands doctrine latin :: n. a rule of law that a person coming to court wit ... ices. See also: affirmative defense
sine qua non only relates to contract law :: (see-nay kwah nahn) prep. Latin for "without which ... qua non of the injury to Playmate.

Other Law Terms - M

M. O. :: n. slang for modus operandi, the way or pattern in ... her crime. See also: modus operandi
magistrate :: n. 1) a generic term for any judge of a court, or ... ce of the peace preliminary hearing
Magna Carta :: n. Latin for "Great Charter," it was a document de ... s. It is also spelled Magna Charta.
mail box rule :: n. in contract law, making a written offer or acce ... nse in hand when the time runs out.
maim :: v. to inflict a serious bodily injury, including m ... to a prison term. See also: mayhem
majority :: n. 1) the age when a person can exercise all norma ... t. See also: child infancy minority
make :: v. 1) to create something. 2) to sign a check, pro ... xchange check maker promissory note
make one whole :: v. to pay or award damages sufficient to put the p ... fault of another. See also: damages
maker :: n. 1) the person who signs a check or promissory n ... : check payee payor promissory note
malfeasance :: n. intentionally doing something either legally or ... sponsibility. See also: misfeasance
malice :: n. a conscious, intentional wrongdoing either of a ... cution murder public figure slander
malice aforethought :: n. 1) the conscious intent to cause death or great ... : first degree murder malice murder
malicious prosecution :: n. filing a lawsuit with the intention of creating ... vor of the victim. See also: malice
malpractice :: n. An act or continuing conduct of a professional ... eed. See also: errors and omissions
malum in se :: (mal-uhm in say) adv. Latin referring to an act th ... hibitum. See also: malum prohibitum
malum prohibitum :: (mal-uhm prohibit-uhm) adj. Latin meaning "wrong d ... lso: malum in se white collar crime
mandamus :: (man-dame-us) n. Latin for "we order," a writ (mor ... mandamus. See also: writ of mandate
mandate :: n. 1) any mandatory order or requirement under sta ... See also: mandamus writ of mandate
mandatory :: adj., adv. absolutely demanded or required. ... v. absolutely demanded or required.
mandatory joinder :: n. the required inclusion of a party in a lawsuit ... sues in the case. See also: joinder