释义 |
endorsement in blank
endorsement in blankn. pl. endorsements in blank See blank endorsement.ThesaurusNoun | 1. | endorsement in blank - an endorsement on commercial paper naming no payee and so payable to the bearerblank endorsementendorsement, indorsement - a signature that validates something; "the cashier would not cash the check without an endorsement" | LegalSeeBlank Endorsementendorsement in blank
Endorsement in BlankThe signature of the owner of a security transferring ownership to another without any other party being named as the recipient. Whoever holds an endorsement in blank is assumed to be the owner. This is risky because there is no guarantee that the intended recipient will actually receive it. This has become less common over time as ownership records increasingly are kept electronically.endorsement in blank An endorsement of a security by the owner without any transferee being named. Such an endorsement is risky because anyone coming into possession of the security may become its new owner.endorsement in blank Related to endorsement in blank: restrictive endorsementSynonyms for endorsement in blanknoun an endorsement on commercial paper naming no payee and so payable to the bearerSynonymsRelated Words |