Definition of Check endorsement:
Signature included on the front or back of a check acknowledging that both parties have agreed to exchange the specified amount on the document. The signature or account information included on the back of a check acknowledges that the intended recipient received the document and deposited it. To cash a check, the issuer and the recipient must endorse the document.
How to use Check endorsement in a sentence?
- We were instructed to thoroughly verify the check endorsement as a higher than usual amount of bad checks had been detected recently.
- The thief thought he had struck gold when he stole the old womans checkbook but realized each and every check was worthless without the check endorsement .
- The bank teller immediately looked for the check endorsement , making sure that the recipient had assigned it, before making the deposit.
Meaning of Check endorsement & Check endorsement Definition