Indorse vs. Endorse

By Jaxson

  • Indorse

    Blank endorsement of a financial instrument, such as a cheque, is only a signature, not indicating the payee. The effect of this is that it is payable only to the bearer – legally, it transforms an order instrument (“pay to the order of (the payee)”) into a bearer instrument (“pay to the bearer”). It is one of the types of endorsement of a negotiable instrument.

    It is “an endorsement consisting of nothing but a signature and allowing any party in possession of the endorsed item to execute a claim.”

    A blank endorsement is a commonly known and accepted term in the legal and business worlds.

    This is also called an endorsement in blank or blank endorsement.

    The prevalent spelling in American English is endorsement; the minority convention, indorsement, is found in older American documents, although the revised Uniform Commercial Code Article on negotiable instruments retains the older spelling.

  • Indorse (verb)

    alternative form of endorse

  • Endorse (verb)

    To support, to back, to give one’s approval to, especially officially or by signature.

  • Endorse (verb)

    To write one’s signature on the back of a cheque, or other negotiable instrument, when transferring it to a third party, or cashing it.

  • Endorse (verb)

    To give an endorsement.

  • Endorse (noun)

    A diminutive of the pale, usually appearing in pairs on either side of a pale.


Leave a Comment