1 : the act or process of endorsing
2 : an inscription (as a signature or notation) on a document or instrument
: an inscription usually on the back of a negotiable instrument that transfers or guarantees the instrument
: an endorsement (as a signature) of a negotiable instrument that does not name a transferee and that makes the instrument payable to bearer called also endorsement in blank
: an endorsement of a negotiable instrument with words (as “without recourse”) that limit or qualify the endorser's liability
: an endorsement of a negotiable instrument with words (as “for deposit only”) that limit the further negotiation of the instrument NOTE: A restrictive endorsement does not prevent further negotiation of the instrument under the Uniform Commercial Code.
: an endorsement of a negotiable instrument with words (as “Pay to Jane Doe”) that make the instrument payable to a specified person
3 : a provision added to an insurance policy that alters its coverage [a theft ]
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.