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प्रश्न
Give word / term or phrase for the following statement.
Transfer of title of the bill from debtor to creditor.
एक शब्द/वाक्यांश उत्तर
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उत्तर
Endorsement
Explanation: Endorsement means when a bill of exchange is signed for the purpose of transferring it to another person. The debtor signs the bill and transfers it to his/her creditor. On endorsement, the endorsee becomes entitled to receive the payment.
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