Meaning & use
Indorsement
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The act of signing a document, such as a check or negotiable instrument, on the back to transfer or guarantee it, or more broadly, an official approval.
See it in a sentence
The bank required the payee's indorsement on the back of the check before cashing it.
The statute defines the rights and obligations tied to a negotiable instrument's indorsement.
A note on using this word
An older legal spelling of 'endorsement' still used in commercial law and the Uniform Commercial Code in the United States.
Words with a similar meaning
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