the act of the owner or payee signing his/her name to the back of a check, bill of exchange, or other negotiable instrument so as to make it payable to another or cashable by any person. An endorsement may be made after a specific direction ("pay to Dolly Madison" or "for deposit only"), called a qualified endorsement, or with no qualifying language, thereby making it payable to the holder, called a blank endorsement. There are also other forms of endorsement which may give credit or restrict the use of the check.
the act of the owner or
the act of the owner or payee signing his/her name to the back of a check, bill of exchange, or other negotiable instrument so as to make it payable to another or cashable by any person. An endorsement may be made after a specific direction ("pay to Dolly Madison" or "for deposit only"), called a qualified endorsement, or with no qualifying language, thereby making it payable to the holder, called a blank endorsement. There are also other forms of endorsement which may give credit or restrict the use of the check.
HI MNA
Thank you for your reply....
i need more explanation with example....sorry to ask this
Regards
lc endorsement
see
http://www.letterofcreditforum.com/content/transfer-endorsement-and-noti...
Try to go for the wikkipedia
Try to go for the wikkipedia I hope you will find the information you are looking for.
Put your demands to God, Will give you what you want to have.