restrictive endorsement


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)

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Mitek (NASDAQ: MITK) said it has announced the availability of Restrictive Endorsement, a breakthrough new feature available in Mobile Deposit 4.
And, if the employer wishes to restrict the executive's access to the policy and its values for a period of time, an employment agreement and restrictive endorsement are necessary.
Briggs & Baker would then send in their clients' personal checks, with a restrictive endorsement, for 11 percent of the outstanding balance.
A restrictive endorsement, such as "personal" or "confidential.
Assign one staff member to open the mail each day, stamp each check with a restrictive endorsement, and prepare a list of cash receipts.
Whether sent directly to the schools or sent directly to the schools with a mandate of restrictive endorsement by the parents, is irrelevant .
On the back of the check as a restrictive endorsement.