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two-name paper

[ too-neym ]
/ ˈtuˌneɪm /
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noun Banking.
commercial paper having more than one obligor, usually a maker and endorser, both of whom are fully liable.
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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

How to use two-name paper in a sentence

British Dictionary definitions for two-name paper

two-name paper

noun
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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