Restrictive endorsement

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Restrictive endorsement

An endorsement signature on the back of a check that specifies the conditions under which the check can be transferred or paid out.

Restrictive Endorsement

An endorsement on a check with restrictions. An endorsement is a signature on the back of a check stating that the payee has consented to receive the funds from the payer. A restrictive endorsement states the circumstances under which the payee will accept the funds under the signature.
References in periodicals archive ?
GL is a highly competitive product line and increasingly complicated by emerging coverage issues and restrictive endorsements.
Location, location, location: real estate and financial services present challenges, opportunities in Florida's professional liability markets
Executive Bonus Plans: When designing executive bonus plans, particularly those with restrictive endorsements placed upon the life insurance policy purchased with the bonus, care should be taken to avoid the application of ERISA to the plan.
Has the spate of regulations killed the Golden Goose? Fashioning executive benefits in the post-Enron age
Marked with restrictive endorsements, such as ``Personal'' or ``Confidential.
FEAR: PUBLIC URGED TO BE CALM, ALERT AND READY FOR EMERGENCY
In 2001, however, carriers are actively investigating and implementing restrictive endorsements.
Examining the Motion of the D&O Market
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