Endorsement Legal Meaning and Definition
Here is a simplified definition of the legal term Endorsement.
Endorsement (noun):
- The action of the owner or recipient signing their name on the back of a check, bill of exchange, or similar negotiable document. This can direct payment to another person or make it possible for any person to cash it.
There are different types of endorsements. A qualified endorsement includes specific instructions, such as "pay to [person's name]" or "for deposit only." A blank endorsement has no extra language, making the document cashable by the holder. There are also other types of endorsement, which can limit the use of the check or give credit.
- The act of publicly expressing support for a program, proposal, or candidate. This can be through providing financial backing, making a public statement, or other ways of showing approval or support.