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Endorsement
ENDORSEMENTA signature on acommercial paperor document. An endorsement on a negotiable instrument, such as a check or a promissory note, has the effect of transferring all the rights represented by the instrument to another individual. The ordinary manner in which an individual endorses a check is by placing his or her signature on the back of it, but it is valid even if the signature is placed somewhere else, such as on a separate paper, known as an allonge, which provides a space for a signature. The term endorsement is also spelled indorsement. For examples of different types of endorsements, see indorsement. |
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Cite this article
"Endorsement." West's Encyclopedia of American Law. 2005. Encyclopedia.com. 30 May. 2012 <http://www.encyclopedia.com>. "Endorsement." West's Encyclopedia of American Law. 2005. Encyclopedia.com. (May 30, 2012). http://www.encyclopedia.com/doc/1G2-3437701605.html "Endorsement." West's Encyclopedia of American Law. 2005. Retrieved May 30, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1G2-3437701605.html |
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endorsement
en·dorse·ment / enˈdôrsmənt/ • n. 1. an act of giving one's public approval or support to someone or something. ∎ a recommendation of a product in an advertisement. 2. a clause in an insurance policy detailing an exemption from or change in coverage. 3. the action of endorsing a check or bill of exchange. |
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Cite this article
"endorsement." The Oxford Pocket Dictionary of Current English. 2009. Encyclopedia.com. 30 May. 2012 <http://www.encyclopedia.com>. "endorsement." The Oxford Pocket Dictionary of Current English. 2009. Encyclopedia.com. (May 30, 2012). http://www.encyclopedia.com/doc/1O999-endorsement.html "endorsement." The Oxford Pocket Dictionary of Current English. 2009. Retrieved May 30, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O999-endorsement.html |
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