endorsement (indorsement)

Definition of "endorsement (indorsement)"
  1. The act of signing the back of a check or other negotiable instrument in order to convert it into cash or make it transferable
How to use "endorsement (indorsement)" in a sentence
  1. The man couldn't cash the check without a proper endorsement.
  2. The bank asked for the endorsement of the negotiable instrument before transferring funds.
  3. In order to make the bill of exchange cashable, it required an endorsement.

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