endorse
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Endorse
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
2. An amendment to a document, especially an insurance policy. Informally, they are called riders.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.