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.

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)

endorsement

(Backing), noun advertisement, approval, assistance, assurance, attestation, commendation, encouragement, imprimatur, license, patronage, recommendation, sanction, signature, stamp of approval, support, testimonial, testimony, vouch, word
Associated concepts: political endorsement

endorsement

(Signature), noun acceptance, approval, authorization, autograph, confirmation, execution, go-ahead, passage, permission, sanction, seal, signet, signing, sponsorship, stamp of approval, support, underwriting, warrant
Associated concepts: endorsement to an insurance policy
See also: acceptance, accommodation, acknowledgment, advocacy, affirmance, affirmation, aid, approval, assent, attestation, avowal, backing, certificate, certification, charter, confirmation, consent, corroboration, favor, guaranty, help, jurat, leave, license, permission, ratification, recommendation, reference, rider, sanction, stamp, subscription, support, vow

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.

ENDORSEMENT. Vide Indorsement.

References in periodicals archive ?
4) Loss or damage caused by the actions of any Law Enforcement Agency, while attempting to prevent or minimize the attempt of any act of the Striking or Locked-out workers shall also fall within the purview of the Fire Insurance Policy by attachment of this Endorsement to the same Policy.
We find heterogeneous average endorsement effects (3) that depend on the endorsed party, the circulation of the newspaper, and our classification of unexpected endorsements--surprise and inconsistent.
Whereas I was lukewarm about their value, she claimed that recruiters relied on these endorsements to find candidates with particular skills.
The underlying policy to which the endorsement is attached does not cover the accident.
The FTC's Endorsement Guides are advisory only, but they provide valuable insight into how the FTC will evaluate endorsements when deciding if a company's marketing program is false or misleading.
That organization is expected to make an endorsement following its Presidential Family Forum in Des Moines, which Cruz is attending.
Customers employ brand links that are the outcome of aspirational celebrity endorsement to reveal their self-concept.
This documentation allows IMA's review committee to determine whether the courses offered at the school meet the standards set in place to award the endorsement.
In the box showing your endorsements for that skill, un-check the boxes next to a specific user's endorsements.
Furthermore, of those presidents who have run for re-election, newspaper endorsements fall further for Democrats.
Typically, the process of selecting candidates for editorial endorsement involves lengthy interviews with candidates conducted by the editorial board members.
They measured endorsement credibility based on the ideological leanings of newspapers, ownership, and reader preferences.