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.
Thank you for your reply....
i need more explanation with example....sorry to ask this
Regards
see
http://www.letterofcreditforum.com/content/transfer-endorsement-and-notice
Try to go for the wikkipedia I hope you will find the information you are looking for.
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