blank endorsement

Definition of Blank Endorsement in English :

1. blank endorsement, endorsement in blank

an endorsement on commercial paper naming no payee and so payable to the bearer

WordNet Lexical Database for English. Princeton University. 2010.

Blank Endorsement

noun

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

an endorsement naming no payee, making the endorsed amount payable to the bearer

n.

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