endorsement

(redirected from indorsements)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.
Related to indorsements: endorsements

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 ?
Instruments designed to be transferable without indorsement, such as bank notes, were not widely used until later.
255) Therefore, in their view, noncompliance with the indorsement and delivery requirements in PSAs does not defeat transfers but instead creates a possible breach of contract.
This means that even if the indorsement and delivery did not occur, the trust would still have standing to foreclose.
If so, then the trust cannot enforce the notes unless it is a person entitled to enforce under Article 3, which, in most cases, requires indorsement and delivery.
The plaintiff filed the original note, which showed an indorsement to another person, but no indorsement to the plaintiff.
2011 (2010) requires an indorsement for a transferee to become a "holder," if the instrument is payable to a specific person, but even a nonholder transferee may often enforce the instrument.
1965) (unauthorized indorsement deprived plaintiff of holder in due course status, thus, permitting defense on instrument).