endorse

/ɪn'dɔ:s/ verb
to say that a product is good
to endorse a bill or a cheque to sign a bill or cheque on the back to show that you accept it
COMMENT: By endorsing a cheque (i.e. signing it on the back), a person whose name is on the front of the cheque is passing ownership of it to another party, such as the bank, which can then accept it and pay him cash for it. If a cheque is deposited in an account, it does not need to be endorsed. Cheques can also be endorsed to another person: a cheque made payable to Mr A. Smith can be endorsed by Mr Smith on the back, with the words: ‘Pay to Brown Ltd’, and then his signature. This has the effect of making the cheque payable to Brown Ltd, and to no one else. Most cheques are now printed as crossed cheques with the words ‘A/C Payee’ printed in the space between the two vertical lines. These cheques can only be paid to the person whose name is written on the cheque and cannot be endorsed.

Dictionary of banking and finance. 2015.

Synonyms:

Look at other dictionaries:

  • endorse — en·dorse also in·dorse /in dȯrs/ vt en·dorsed also in·dorsed, en·dors·ing, also, in·dors·ing [Anglo French endosser endorser and Medieval Latin indorsare, both ultimately from Latin in on + dorsum back] 1: to write on the back of; esp: to sign… …   Law dictionary

  • Endorse — En*dorse , v. t. [imp. & p. p. {Endorsed}; p. pr. & vb. n. {Endorsing}.] [Formerly endosse, fr. F. endosser to put on the back, to endorse; pref. en (L. in) + dos back, L. dorsum. See {Dorsal}, and cf. {Indorse}.] Same as {Indorse}. [1913… …   The Collaborative International Dictionary of English

  • endorse — (v.) late 14c. endosse alteration, from O.Fr. endosser (12c.), lit. to put on back, from en put on (see EN (Cf. en ) (1)) + dos back, from L. dossum, variant of dorsum. Sense of confirm, approve (by signing on the back) is recorded in English… …   Etymology dictionary

  • endorse — [v1] support, authorize accredit, advocate, affirm, approve, attest, authenticate, back, back up*, bless, boost, certify, champion, commend, confirm, countenance, defend, favor, give a boost to, give green light*, give one’s word*, give the go… …   New thesaurus

  • endorse — [en dôrs′, indôrs′] vt. endorsed, endorsing [altered (after L) < ME endosen < OFr endosser < ML indorsare < L in, on, upon + dorsum, the back] 1. to write on the back of (a document); specif., a) to sign (one s name) as payee on the… …   English World dictionary

  • Endorse — En*dorse , n. (Her.) A subordinary, resembling the pale, but of one fourth its width (according to some writers, one eighth). [1913 Webster] …   The Collaborative International Dictionary of English

  • endorse — *approve, sanction, accredit, certify Analogous words: vouch, attest, *certify, witness: *commend, recommend: *support, uphold, champion, back, advocate Contrasted words: *disapprove, deprecate: condemn, denounce, reprobate, reprehend, censur …   New Dictionary of Synonyms

  • endorse — in its modern marketing meaning ‘to give one s approval to (a product)’ was labelled by the Concise Oxford Dictionary in 1914 as ‘vulgar in advertisements’. Its original meaning is ‘to write on the back of (a document)’, from Latin dorsum ‘back’ …   Modern English usage

  • endorse — (US & Law also indorse) ► VERB 1) declare one s public approval of. 2) sign (a cheque or bill of exchange) on the back to specify another as the payee or to accept responsibility for paying it. 3) Brit. enter an endorsement on (a driving licence) …   English terms dictionary

  • endorse — Transferring asset ownership by signing the back of the asset s certificate. Bloomberg Financial Dictionary * * * endorse en‧dorse [ɪnˈdɔːs ǁ ˈdɔːrs] also indorse verb [transitive] 1. LAW …   Financial and business terms

  • endorse — [[t]ɪndɔ͟ː(r)s[/t]] endorses, endorsing, endorsed 1) VERB If you endorse someone or something, you say publicly that you support or approve of them. [V n] I can endorse their opinion wholeheartedly. [V n] ...policies agreed by the Labour Party… …   English dictionary

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