JOINT PAYEE ENDORSEMENT Definition

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JOINT PAYEE ENDORSEMENT, normally, when a bank draft is made out to two parties both parties are required to endorse the back of the bank draft before it will be honored by the bank.

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PRIOR PERIOD refers to accounting periods that have occurred in the past. See also ACCOUNTING PERIOD.

DISCLOSURE DOCUMENT PROGRAM, in the United States, is a form of legal protection that safeguards intellectual property while it is in its development stages.

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