endorse

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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.

References in periodicals archive ?

Wrote Lynn in his letter to the IRS, "This statement indicates that Hake is aware of the provisions in the Internal Revenue Code that bar houses of worship from endorsing or opposing candidates for public office but chose to ignore them.