noun
- a piece of paper attached to a negotiable instrument (such as a promissory note) to provide space for additional endorsements
Usage: legal; finance
Examples
- The bank required an allonge to accommodate all the endorsements on the check.
- When the back of the promissory note was full, they attached an allonge for more signatures.
- The lawyer prepared an allonge to handle the additional endorsements needed for the transaction.
- An allonge must be firmly affixed to the original instrument to be legally valid.
- The endorsement on the allonge transferred ownership of the negotiable instrument.