Endorse (Indorse) Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Endorse (Indorse), written in plain English, along with examples of how it is used.
What is Endorse (Indorse)?
v. 1) to sign one’s name to the back of a check, bill of exchange or other negotiable instrument with the intention of making it cashable or transferable. 2) to pledge support to a program, proposal or candidate.
History and Meaning of Endorse (Indorse)
The term "endorse" (or "indorse" with an "i") has been used in a wide range of legal contexts over the years. Typically, it has referred to the act of signing a document or making some other form of written statement in support of a particular cause or action.
In the specific context of negotiable instruments, such as checks or bills of exchange, endorsing refers to the act of signing the back of the instrument to indicate that the endorser is transferring ownership of the instrument to another party. This allows the new owner to "cash" or "deposit" the instrument.
In political or social contexts, endorsing can take on a more generalized meaning. For example, a celebrity might endorse a particular candidate for office, indicating their support for the candidate's platform and values.
Examples of Endorse (Indorse)
- He endorsed the check by signing his name on the back, making it transferable to a third party.
- The organization endorsed the proposed legislation, advocating for its passage to Congress.
- The famous athlete agreed to endorse the new line of sports apparel, appearing in commercials and marketing campaigns for the brand.
- The respected professor endorsed the new textbook, stating that it was an essential resource for students in the field.
Legal Terms Similar to Endorse (Indorse)
- Negotiable instrument: A document or written instrument that represents an obligation or the right to payment, such as a check, bill of exchange, or promissory note.
- Assignment: The act of transferring one's rights, interests, or property to another party, often with the use of a written document or other evidence of the transfer.
- Power of attorney: A legal document that grants one person the authority to act on behalf of another person, typically in financial or legal matters.