blank endorsement


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Related to blank endorsement: restrictive endorsement

blank endorsement

n.
An endorsement of an instrument that specifies no payee, making the instrument payable to its bearer. Also called endorsement in blank.

blank endorsement

n
(Commerce) an endorsement on a bill of exchange, cheque, etc, naming no payee and thus making the endorsed sum payable to the bearer. Also called: endorsement in blank
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.blank endorsement - an endorsement on commercial paper naming no payee and so payable to the bearer
endorsement, indorsement - a signature that validates something; "the cashier would not cash the check without an endorsement"
References in periodicals archive ?
Standing to foreclose is determined at the time the lawsuit is filed and can be demonstrated by the filing of an assignment or the original note with a special endorsement in favor of the plaintiff or a blank endorsement.
Accordingly, if the plaintiff files its verified complaint for residential mortgage foreclosure (14) and attaches as an exhibit an assignment of the debt or a copy of the original note with a special endorsement in favor of the plaintiff or with a blank endorsement, (15) plaintiff would have established its standing to foreclose, if plaintiff also possessed the note.
After closing, the settlement agent ships overnight the original paper note, with a blank endorsement and an assignment to the WHL to hold.