restrictive endorsement

(redirected from Restrictive Endorsements)
Also found in: Financial.

restrictive endorsement

n. an endorsement signed on the back of a check, note or bill of exchange which restricts to whom the paper may be transferred. Example: "for transfer only to Frank Lowry, [signed] J. Ripps." Also spelled "indorsement." (See: endorsement)

Mentioned in ?
References in periodicals archive ?
Florida agents must thoroughly review and understand the breadth and implications of these restrictive endorsements and, where alternative coverage is not available, ensure that their policyholders are fully informed.
Marked with restrictive endorsements, such as ``Personal'' or ``Confidential.
In 2001, however, carriers are actively investigating and implementing restrictive endorsements.