What is the meaning of endorsement?

endorsement is a method of transferring title to a negotiable instrument, such as a check or promissory note, by signing the owner's name on the reverse side of such instrument. A blank endorsement guarantees payment to subsequent holders. An endorsement that states that it is without recourse does not guarantee payment to subsequent holders. A special endorsement specifies the person to whom or to whose order the instrument is payable.

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APABarry Goldsmith. (2010). endorsement. Retrieved September 29, 2026, from http://smartdefine.org/endorsement/definitions/1152951
ChicagoBarry Goldsmith. 2010. "endorsement" http://smartdefine.org/endorsement/definitions/1152951 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, endorsement, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/endorsement/definitions/1152951>.
MLABarry Goldsmith. "endorsement" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/endorsement/definitions/1152951>
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