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two-name paper

[too-neym] /ˈtuˌneɪm/
noun, Banking.
commercial paper having more than one obligor, usually a maker and endorser, both of whom are fully liable. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for two-name paper
Historical Examples
  • I don't know even the name of your new outfit yet, but I'll take a chance on one piece of two-name paper, anyhow.

    The Real Man Francis Lynde
  • two-name paper is mostly confined to commercial transactions.

    Readings in Money and Banking

    Chester Arthur Phillips
British Dictionary definitions for two-name paper

two-name paper

(US, finance) a commercial paper signed by two persons both of whom accept full liability
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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