blank endorsement
–noun | an endorsement on a check or note naming no payee, and therefore payable to bearer. |
blank endorsement
n. An endorsement on a check or negotiable note that names no payee, making it payable to the bearer. Also called endorsement in blank. |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary
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.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary
Main Entry:
blank endorsementsee
ENDORSEMENT
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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