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Allonge

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.48 sec.
Allonge
A sheet of paper attached to a bill of exchange for the purpose of documenting endorsements.

Notes:
The need for an allonge arises due to the lack of space on the bill itself for additional endorsements. Because a bill of exchange is transferable through endorsement, it may be exchanged among so many parties that these parties don't all fit on the bill. In this case, a separate piece of paper - the allonge - is attached to the bill, acting as a legal extension of the document.


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In order to receive a distribution on the Payment Date, Registered Owners must physically present certificates representing the Debentures to the Agent so that it may affix certain legends and an allonge thereto indicating that a payment has been made.
 
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