Endorsement

Business, Legal & Accounting Glossary

Definition: Endorsement


Endorsement


What is the dictionary definition of Endorsement?

Dictionary Definition


(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.


Full Definition of Endorsement


  1. A signature used to legally transfer a negotiable instrument.
  2. A provision added to an existing insurance policy to modify its coverage; here, also called a rider.

Examples of Endorsement in a sentence


He received an endorsement from the company and it lead to him being a lot more confident and happy in his life.

One day I was talking to my insurance agent about my policy and she offered me an endorsement to make things work better for my needs.

If a celebrity really likes a product, that celebrity is likely to supply an endorsement which means the celebrity really likes the product.


Related Phrases


bad delivery
allonge
Eva Longoria stock index
negotiable
registered bond
good delivery
special endorsement
analyst sponsorship
blank endorsement
endorsement extending period of indemnity
accommodation endorsement
special endorsement


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/endorsement/
Modern Language Association (MLA):
Endorsement. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/endorsement/.
Chicago Manual of Style (CMS):
Endorsement. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/endorsement/ (accessed: March 28, 2024).
American Psychological Association (APA):
Endorsement. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/endorsement/

Definition Sources


Definitions for Endorsement are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th October, 2021 | 0 Views.