Blank endorsement
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 ("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.
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Blank endorsement
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 ("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.
has abstract
Blank endorsement of a financi ...... ts retains the older spelling.
@en
Бла́нковий індосаме́нт (англ. ...... и, якій передається вексель)".
@uk
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12,408,643
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1,007,516,882
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Blank endorsement of a financi ...... the legal and business worlds.
@en
Бла́нковий індосаме́нт (англ. ...... и, якій передається вексель)".
@uk
label
Blank endorsement
@en
Бланковий індосамент
@uk
백지식배서
@ko