D'Oench doctrine
noun
ˈdench-
: a doctrine in banking law: a party (as a borrower or guarantor) cannot assert an unrecorded agreement with a failed bank against attempts by the federal insurer (as the Federal Deposit Insurance Corporation) or its assigns to collect on a promissory note (as a loan)
called also D'Oench Duhme doctrine
Dictionary Entries Near D'Oench doctrine
Cite this Entry
“D'Oench doctrine.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/D%27Oench%20doctrine. Accessed 23 Nov. 2024.
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