Meaning of Endorsement :
When the maker or holder of negotiable instrument signs the same, otherwise than as maker, for the negotiation on the back or face thereof or on a slip of paper annexed thereto, or signs for the same purpose a stamp paper intended to be completed as a negotiable instrument, he is said to have endorsement the same and is called the endorser. Endorsement consists of the maker (or Drawer), Name of the Payee of negotiable instrument with the Intention of Negotiation.
keywords:
endorsement meening, cheque endorsement
When the maker or holder of negotiable instrument signs the same, otherwise than as maker, for the negotiation on the back or face thereof or on a slip of paper annexed thereto, or signs for the same purpose a stamp paper intended to be completed as a negotiable instrument, he is said to have endorsement the same and is called the endorser. Endorsement consists of the maker (or Drawer), Name of the Payee of negotiable instrument with the Intention of Negotiation.
keywords:
endorsement meening, cheque endorsement
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