restrictive endorsement

Definition of "restrictive endorsement"
  1. A signature on the back of a financial document such as a check, limiting its transferability to a specific person
How to use "restrictive endorsement" in a sentence
  1. Upon receiving her paycheck, Jane made a restrictive endorsement to secure the funds for her husband.
  2. To ensure his payment didn't fall into wrong hands, he made a restrictive endorsement.
  3. By making a restrictive endorsement, an individual can better control who cashes their check.

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