Allonge

Business, Legal & Accounting Glossary

Definition: Allonge


Allonge

Quick Summary of Allonge


Additional paper firmly attached to commercial paper, such as a promissory note, to provide room to write endorsements.




What is the dictionary definition of Allonge?

Dictionary Definition


A paper attached to a negotiable instrument to enable writing endorsements when the back of the bill is full. An allonge is rare because bills of exchange are no longer very common.


Full Definition of Allonge


An allonge is necessary when there is insufficient space on the document itself for the endorsements. It is considered part of the commercial paper as long as the allonge remains affixed thereto.


Examples of Allonge in a sentence


You may want to always include an allonge so that there is plenty of space for people to sign their names on.

The allonge had been included in the documents presented as evidence of the financial transactions that had taken place recently.

Allonges are no longer prevalent because not only are most transfers of funds transacted electronically, those paper instruments requiring signatures would only require a few, eliminating the need for a “signature appendix.”


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/allonge/
Modern Language Association (MLA):
Allonge. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
January 26, 2022 https://payrollheaven.com/define/allonge/.
Chicago Manual of Style (CMS):
Allonge. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/allonge/ (accessed: January 26, 2022).
American Psychological Association (APA):
Allonge. PayrollHeaven.com. Retrieved January 26, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/allonge/

Definition Sources


Definitions for Allonge are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th October, 2021 | 0 Views.