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- In business law, endorsement refers to:
- The act of signing, usually on the back of a negotiable instrument, to legally transfer its ownership to another party123.
- A signature or equivalent stamp that authorizes payment or a transfer of funds2.
- A note, amendment, or clause to an official document or contract that modifies or specifies terms2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Endorsement is the act of signing, usually on the back of a negotiable instrument, to legally transfer its ownership to another party. It certifies certain aspects regarding the instrument, such as validity, enforceability to the transferee, and any subsequent holder.www.wallstreetmojo.com/endorsement/In business or legal matters, an endorsement refers to a signature or an equivalent stamp that authorizes payment or a transfer of funds, or other financial transaction. It also refers to a note, amendment, or clause to an official document or contract that modifies or specifies terms.www.investopedia.com/terms/e/endorsement.aspAn indorsement, also spelled as "endorsement" in some legal contexts, refers to the placement of a signature on the back of a negotiable instrument, such as a check, promissory note, or bill of exchange. The purpose of the endorsement is to transfer ownership of the instrument or to acknowledge the payment of a debt.www.law.cornell.edu/wex/indorsement - People also ask
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