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单词 endorsement in blank
释义

endorsement in blank


endorsement in blank

n. pl. endorsements in blank See blank endorsement.
Thesaurus
Noun1.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 Endorsement

endorsement in blank


Endorsement in Blank

The 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 endorsement
  • noun

Synonyms for endorsement in blank

noun an endorsement on commercial paper naming no payee and so payable to the bearer

Synonyms

  • blank endorsement

Related Words

  • endorsement
  • indorsement
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更新时间:2024/12/23 22:25:04