special endorsement

Definition of "special endorsement"
  1. An annotation on a tradeable document or check that names a specific individual who is the sole recipient of the value
How to use "special endorsement" in a sentence
  1. To ensure the funds get to the intended recipient, the check was given a special endorsement.
  2. The special endorsement on the promissory note dictated who could redeem it for cash.
  3. By making a special endorsement on the check, the drawer specified the payee.

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