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Endorsement

ENDORSEMENT

A 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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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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"endorsement." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. 22 Jun. 2018 <http://www.encyclopedia.com>.

"endorsement." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. (June 22, 2018). http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/endorsement

"endorsement." The Oxford Pocket Dictionary of Current English. . Retrieved June 22, 2018 from Encyclopedia.com: http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/endorsement

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