two-name

American  

[too-neym] / ˈtuˌneɪm /

adjective

1. (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

See Examples For:

two-name

This would then be "two-name paper," could be sold in the open market where a bill dealer might buy it, take it to his bank which could rediscount it at the Federal Reserve.

From Time Magazine Archive

Occasionally he has a note, for a small amount to begin with, always first-class two-name paper, and he never objects—usually insists—on paying a trifle more than the regular discount.

From Disputed Handwriting An exhaustive, valuable, and comprehensive work upon one of the most important subjects of to-day. With illustrations and expositions for the detection and study of forgery by handwriting of all kinds by Jerome Buell Lavay

Occasionally he has a note, for a small amount to begin with, always first-class, two-name paper, and he never objects—usually insists—in paying a trifle more than the regular discount.

From Disputed Handwriting An exhaustive, valuable, and comprehensive work upon one of the most important subjects of to-day. With illustrations and expositions for the detection and study of forgery by handwriting of all kinds by Jerome Buell Lavay

It will thus be a two-name bill, and not an individual promissory note.

From Readings in Money and Banking Selected and Adapted by Chester Arthur Phillips

"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."

From The Real Man by Francis Lynde