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two-name
[too-neym]
adjective
(of commercial paper) having more than one obligor, usually a maker and endorser, both of whom are fully liable.
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Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“When your mother’s public and private, it’s a two-name deal.”
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The mascot received 57 percent of the vote compared to 43 percent for Roughriders in the two-name runoff.
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"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."
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Although mortgage and other collateral security is sometimes accepted, the banks' chief reliance is personal security, and the great bulk of the loans are made on two-name paper.
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It will thus be a two-name bill, and not an individual promissory note.
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