The spelling of the word "Allonge" can be a bit tricky, as it doesn't follow many common English pronunciation rules. In IPA phonetic transcription, it is spelled as /əˈlɔndʒ/, with the stress on the second syllable. The "a" in the first syllable is pronounced like the "a" in "about," while the "e" at the end is silent. The "ll" in the middle of the word is pronounced like a "y" sound, making it sound like "a-yonge." Allonge is a term used to denote a piece of paper that is sometimes attached to negotiable instruments.
Allonge is a legal term that refers to a written endorsement on a separate piece of paper, which is attached to a negotiable instrument, such as a check or a promissory note. This additional piece of paper is typically used when there is insufficient space on the original document to include endorsements by all parties involved.
An allonge acts as an extension of the original instrument and serves as a continuing endorsement of it. It must be firmly affixed or permanently attached to the document, usually by stapling or gluing. The purpose of an allonge is to ensure that all relevant endorsements are included and to provide a clear and organized record of each party's involvement in the transaction.
Furthermore, an allonge allows for the transfer of ownership rights and the negotiation of the instrument without altering or modifying the original contract. It is commonly used in banking and finance transactions, especially when multiple parties are involved in the transfer of negotiable instruments.
In summary, an allonge is a separate piece of paper attached to a negotiable instrument, used to include additional endorsements and ensure a clear transfer of ownership rights. It serves as a legal extension of the original document and is commonly used in financial transactions.
The word "allonge" has its roots in the French language. It is derived from the Old French term "alonge", which means "a lengthened or elongated thing". The underlying source is the verb "alongier", meaning "to lengthen" or "to make longer".
In English, "allonge" specifically refers to a separate sheet of paper attached to a negotiable instrument (such as a bill of exchange or promissory note) for the purpose of endorsing or making additional notes. This usage originated in the legal and financial realm and has been borrowed from the French in its original form.