Endorser

Endorser
A person who is authorized to sign a negotiable security in order to transfer ownership from one party to another, or to approve the terms and conditions of a contract. Endorsing a check before it is cashed or deposited is the most common and widely known example, but an endorser is also required to complete such transactions as transferring a car title or trading a financial security.

Most people endorse a check to cash it, deposit it or sign it over to someone else. Signatures are usually required on the back of a check or financial instrument. Incorrectly endorsing a check can result in the bank returning the check to the issuer.


Investment dictionary. . 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • endorser — en·dors·er also in·dors·er n: one who endorses something Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. endorser …   Law dictionary

  • Endorser — En*dors er, n. Same as {Indorser}. [1913 Webster] …   The Collaborative International Dictionary of English

  • Endorser — ist die Bezeichnung für einen Künstler (meistens Musiker), der durch einen so genannten Endorsement Vertrag an den Hersteller seiner Musikinstrumente gebunden ist. Dies bedeutet, dass der Künstler für die Musikinstrumente des Vertragspartners… …   Deutsch Wikipedia

  • endorser — Technically, an endorser is anyone who signs the back of a financial instrument. In lending, the term is used as functional equivalent of a guarantor. A loan endorser usually signs a guaranty agreement included on the promissory note form, often… …   Financial and business terms

  • endorser — Indorser In*dors er, Indorsor In*dors or, n. The person who indorses. [Written also {endorser}.] [1913 Webster] …   The Collaborative International Dictionary of English

  • endorser — indosantas statusas Aprobuotas sritis augalininkystė apibrėžtis Asmuo, darantis sandėliavimo dokumento antrojoje pusėje arba jo tęsinyje perduodamąjį įrašą. atitikmenys: angl. endorser vok. Indossant, m rus. индоссант pranc. endosseur, m šaltinis …   Lithuanian dictionary (lietuvių žodynas)

  • endorser — endorse (US & Law also indorse) ► VERB 1) declare one s public approval of. 2) sign (a cheque or bill of exchange) on the back to specify another as the payee or to accept responsibility for paying it. 3) Brit. enter an endorsement on (a driving… …   English terms dictionary

  • endorser — noun 1. someone who expresses strong approval • Syn: ↑subscriber, ↑indorser, ↑ratifier • Derivationally related forms: ↑ratify (for: ↑ratifier), ↑indorse ( …   Useful english dictionary

  • endorser — noun see endorse …   New Collegiate Dictionary

  • endorser — See endorsable. * * * …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”