Restrictive Endorsements legal definition of Restrictive Endorsements
restrictive endorsement (redirected from Restrictive Endorsements)
Also found in: Financial
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)
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