indorsement


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Related to indorsement: Qualified indorsement, Restrictive Indorsement

Endorsement

1. The payee's signature on the back of a check indicating that the payee has received the check. Banks require that payees endorse checks before they may be cashed or deposited.

2. An amendment to a document, especially an insurance policy. Informally, they are called riders.

indorsement

See endorsement.

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References in periodicals archive ?
As with indorsement, this holder-in-due-course feature made negotiable debt more acceptable in exchange.
In particular, while the concept of holder in due course is of limited applicability in modern situations (see for example, Mann 1999, 445-47) the notion of indorsement and the conditional liability that it implies are still relevant.
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).
2-13; Nash Accident Report, 13 Dec 1949; 6th Indorsement Col.