The new creditor (transferee) to whom the rights in an order paper are transferred by the holder of the paper (the endorser or girant; indorser). – See allonge, giro, bearer bond, endorsement, registered paper, subrogation.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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