endorse

Endorse

Transferring asset ownership by signing the back of the asset's certificate.

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.

endorse

To sign a negotiable instrument in order to transfer it to another party. For example, investors holding securities must endorse the certificates before delivery to the broker.