Definition
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.
Related Articles
- ETFs - Basic Facts *
- Are student loans a good idea? *
- Roth IRAs: Contributions, Withdrawals, Distributions etc. *
- Prospectuses, Annual Reports, and Other Documents *
- How to Budget for Post-Secondary Education *
- Is Inflation Really Good for the Economy? *
- Social Security and the Benefits Provided by It *
- Advanced Bond Concepts *
Related Videos
http://www.businessdictionary.com/definition/check-endorsement.html
