Law Dictionary

D'Oench doctrine

noun \ˈdench-\

Legal Definition of D'Oench doctrine

  1. :  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

Origin and Etymology of d'oench doctrine

from D'Oench, Duhme & Co., Inc. v. Federal Deposit Insurance Company, 315 U.S. 447 (1942), the Supreme Court case establishing the doctrine

Seen and Heard

What made you want to look up D'Oench doctrine? Please tell us where you read or heard it (including the quote, if possible).


feeling or affected by lethargy

Get Word of the Day daily email!