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Endorsement |
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Endorsement
a transfer signature, that is, a signature written on the back of a draft, check, bill of lading, or some other type of security to establish transfer of legal title of these documents from one person (the endorser) to another. The endorsement may be a full endorsement, that is, an endorsement to the order of a person (indicating to whom or to whose order the document is transferred), or a blank endorsement (to bearer). The endorsement on a draft or check makes the endorser liable for the amount indicated on the document. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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