: an endorsement transferring commercial paper for a particular purpose (as for deposit or collection or payment to a named person only) thereby indicating negotiability is to cease — compare special endorsement
* * *restrictive endorsement,Commerce. an endorsement limiting the transfer or negotiability of a check or other instrument. A check signed “Pay to _____ only” is a restrictive endorsement.
Useful english dictionary. 2012.
Look at other dictionaries:
restrictive endorsement — see endorsement Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. restrictive endorsement … Law dictionary
restrictive endorsement — An endorsement signature on the back of a check that specifies the conditions under which the check can be transferred or paid out. Bloomberg Financial Dictionary … Financial and business terms
restrictive endorsement — An endorsement on a bill of exchange that restricts the freedom of the endorsee to negotiate it … Big dictionary of business and management
restrictive endorsement — An endorsement that restricts the negotiability of a document. The term usually refers to a check that is endorsed on the back in terms such as for transfer only to John Jones [signed] Mary Smith … Business law dictionary
restrictive endorsement — /rɪˌstrɪktɪv ɪn dɔ:smənt/ noun an endorsement on a bill of exchange which restricts the use which can be made of it by the person it is endorsed to … Dictionary of banking and finance
endorsement — en·dorse·ment also in·dorse·ment n 1: the act or process of endorsing 2: an inscription (as a signature or notation) on a document or instrument; esp: an inscription usu. on the back of a negotiable instrument that transfers or guarantees the… … Law dictionary
restrictive — re·stric·tive /ri strik tiv/ adj 1 a: of or relating to restriction b: serving or tending to restrict 2: prohibiting further negotiation re·stric·tive·ly adv re·stric·tive·ness n … Law dictionary
endorsement — indorsement 1) A signature on the back of a bill of exchange or cheque, making it payable to the person who signed it. A bill can be endorsed any number of times, the presumption being that the endorsements were made in the order in which they… … Accounting dictionary
endorsement — indorsement 1) A signature on the back of a bill of exchange or cheque, making it payable to the person who signed it. A bill can be endorsed any number of times, the presumption being that the endorsements were made in the order in which they… … Big dictionary of business and management
special endorsement — noun 1. : an endorsement on negotiable paper that limits the transfer to a particular person compare restrictive endorsement 2. : a statement on a writ of the nature of the claim or the scope of the relief sought … Useful english dictionary