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

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 ?
Endorsement from these pretty faces makes a difference due to their beauty and popularity.
But the same act during the Disturbance of Public Peace must not pertain to provisions of Special Condition-II of this Endorsement.
A newspaper that declines to offer a presidential endorsement performs a peculiar act of abdication.
The (http://www.azcentral.com/story/opinion/editorial/2016/09/27/hillary-clinton-endorsement/91198668/) Arizona Republic , in its first ever endorsement of a Democrat, called Clinton the "superior choice" for president Tuesday, citing Trump's lack of "human decency, empathy and respect."
Our empirical strategy consists in estimating the causal relationship between endorsements and the winning probability, following a simple model of probabilistic voting with horizontal and vertical differentiation (Banks and Duggan 2005).
There is also substantial confusion regarding whether the DMV-67 and MCS-90 endorsements have any obligation pre-judgment, or whether an insurer can be held in bad faith for failing to settle pre-judgment.
2016 ANA Presidential Endorsement Step by Step Process
(1) Endorsements must be truthful and not misleading;
Matt Krause of Fort Worth suggested Wednesday that Cruz's opponents should heed not only the size, but also the breadth, of the list of endorsements, saying it represents "not just one segment or faction" of the Texas GOP.
The influence of celebrity endorsements in advertising has already been confirmed by other studies (AGRAWAL; KAMAURA, 1995; ROCKWELL; GILLES, 2009; CHOI et al., 2005).
Endorsements have been the main way to show achievements.
Sales can be anticipated to profit from celebrity endorsements. (Elberse and Verleun, 2012)