A signature by the creator of an instrument, such as a check, which enables any holder of the instrument to assert a claim for payment. Because no payee is specified, such an endorsement essentially turns the instrument into a bearer security....
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 most well-known example of a blank endorsement is a check made payable
to "cash" and endorsed on the back with the signature of the account holder.
Definition of blank endorsement: Open endorsement that carries only the
signature of the endorser and does not specify in whose favor it is made (who is
A simple signature, known as a blank endorsement
, allows anybody to do anything they want. A scammer (let’s call him 'John Doe') can add instructions under your signature. If he writes 'Pay to the order of John Doe', he may be able to cash the check or deposit it to... More »
A blank endorsement is considered to be risky because the endorser is not
restricting the check (or other negotiable instrument). The blank endorsement ...
A blank endorsement is when someone signs the back of a check that does not
indicate a particular payee. The person who wrote the check is considered the ...
an endorsement on a check or note naming no payee, and therefore payable to
bearer. Expand. Also called endorsement in blank. Dictionary.com Unabridged
Blank Endorsement. The writing of the name of a person who holds a negotiable
instrument on the back of the document without specifically designating to ...
Blank endorsement means an endorsement on a negotiable instrument with no
indication about the payee. As a result, such negotiable instruments becomes ...