/rɪˈkɔːrs tuː ði ˈɛndɔːrsər/ – Phrase
Definition: việc truy đòi người ký hậu.
A more thorough explanation: “Recourse to the endorser” refers to the legal right of a holder of a negotiable instrument, such as a promissory note or a bill of exchange, to seek payment from the endorser of the instrument in case the primary obligor, typically the maker or drawer, fails to pay. This right allows the holder to demand payment from the endorser if the primary obligor defaults on their payment obligation.
Example: The payee had no recourse to the endorser for the dishonored check.