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Business Glossary

Business Definition for: blank endorsement

Dictionary of Banking Terms

blank endorsement

endorser's writing on a check, promissory note, or bill of exchange without indicating the party to whom it is payable. The endorser merely signs his name, making the instrument "payable to bearer" and negotiable by delivery alone. Also called endorsement in blank.

Referring Terms:

general endorsement

Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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