TeachMeFinance.com - explain Single-name paper
Single-name paper -- Paper without indorsement; bearing
only the name of the maker. Another designation for single name paper is straight paper; in fact it is a common practise
to speak of paper without indorsement as straight paper.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.