ALLONGE Definition

ALLONGE is a piece of paper attached to a negotiable instrument to allow space for writing endorsements.

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MANAGED RECEIVABLES is the total receivable amounts on which a company continues to perform billing and collection activities, including receivables that have been sold with and without credit recourse and are no longer reported on the balance sheet. See OWNED RECEIVABLES.

CONTRACTEE is the person or entity who will receive the goods or services under the provisions of the contract.

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