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endorsement

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Endorsement

A signature on a Commercial Paper or 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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

endorsement (indorsement)

n. 1) the act of the owner or payee signing his/her name to the back of a check, bill of exchange, or other negotiable instrument so as to make it payable to another or cashable by any person. An endorsement may be made after a specific direction ("pay to Dolly Madison" or "for deposit only"), called a qualified endorsement, or with no qualifying language, thereby making it payable to the holder, called a blank endorsement. There are also other forms of endorsement which may give credit or restrict the use of the check. 2) the act of pledging or committing support to a program, proposal, or candidate. (See: negotiable instrument)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

endorsement

1 see INDORSEMENT.
2 the marking of the details of a conviction on a driving licence. It is now the penalty points rather than the endorsements themselves that are of importance. See TOTTING UP.
Collins Dictionary of Law © W.J. Stewart, 2006

ENDORSEMENT. Vide Indorsement.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
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But all General Exclusions of the Fire Insurance Policy, as well as Conditions thereof shall apply as if the same had been incorporated in this Endorsement. For this purpose, any Loss or Damage by Explosion, as mentioned afore, shall be deemed to be Loss or Damage as if caused by Fire within the meaning of the Fire Insurance Policy.
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