blank endorsement

blank endorsement
noun
an endorsement on commercial paper naming no payee and so payable to the bearer
Hypernyms: ↑endorsement, ↑indorsement

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noun
: an endorsement of commercial paper that omits the name of a person in whose favor the endorsement is made and makes the paper payable to the bearer and that is usually made by simply writing the name of the endorser on the back of the paper

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an endorsement on a check or note naming no payee, and therefore payable to bearer. Also called endorsement in blank.

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blank endorsement,
an endorsement by a simple signature, which makes a check, note, or the like, payable to the bearer.

Useful english dictionary. 2012.

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Look at other dictionaries:

  • blank endorsement — see endorsement Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. blank endorsement …   Law dictionary

  • Blank endorsement — of a financial instrument such as a check is only a signature, not indicating the payee. The effect of this is that it is payable only to the bearer.It is an endorsement consisting of nothing but a signature and allowing any party in possession… …   Wikipedia

  • blank endorsement — n. an endorsement naming no payee, making the endorsed amount payable to the bearer …   English World dictionary

  • Blank Endorsement — A signature by the creator of an instrument, such as a check, which enables any holder of the instrument to assert a claim for payment. Because no payee is specified, such an endorsement essentially turns the instrument into a bearer security.… …   Investment dictionary

  • blank endorsement — an endorsement on a check or note naming no payee, and therefore payable to bearer. Also called endorsement in blank. * * * …   Universalium

  • blank endorsement — /blæŋk ənˈdɔsmənt/ (say blangk uhn dawsmuhnt) noun an endorsement on a cheque or note naming no payee, and payable to bearer …  

  • blank endorsement — /blæŋk ɪn dɔ:smənt/ noun an endorsement which consists of a signature, and no other details …   Dictionary of banking and finance

  • blank endorsement — signature (on a check, note, etc.) which makes it payable to anyone who possesses it …   English contemporary dictionary

  • endorsement — en·dorse·ment also in·dorse·ment n 1: the act or process of endorsing 2: an inscription (as a signature or notation) on a document or instrument; esp: an inscription usu. on the back of a negotiable instrument that transfers or guarantees the… …   Law dictionary

  • endorsement in blank — endorsement in blank: blank endorsement at endorsement Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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