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
A blank endorsement is 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.
... without any other words above or below his signature. A blank endorsement is
considered to be risky because the endorser is not restricting the check (o...
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
Bankers are very familiar with endorsements. They see different types of
endorsements every day. They are trained to check the endorsements so that...
Blank endorsement definition, an endorsement on a check or note naming no
payee, and therefore payable to bearer. See more.
Blank endorsement means an endorsement on a negotiable instrument with no
indication about the payee. As a result, such negotiable instruments becomes ...
Definition of Blank endorsement: The signature or endorsement of a person or
firm on any negotiable instrument (such as a check, draft or bill of lading), usually
An endorsement of an instrument that specifies no payee, making the instrument
payable to its bearer. Also called endorsement in blank. American Heritage® ...