BLANK ENDORSEMENT
(noun)Definitions
There is 1 meaning of the phrase
Blank Endorsement.
Blank Endorsement - as a noun
An endorsement on commercial paper naming no payee and so payable to the bearer
Synonyms (Exact Relations)
endorsement in blankExample Sentences
"A blank endorsement on a check allows anyone who possesses the check to cash or deposit it."
"She signed the back of the check with a blank endorsement."
"The cashier refused to accept the check without a proper blank endorsement."
"Make sure to write 'For deposit only' next to your blank endorsement."
"A blank endorsement can increase the risk of unauthorized transactions."