endorsed cheque

endorsed cheque
endorsed cheque endorsed cheque cheque

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endorsed cheque UK US UK (US endorsed check) noun [C] BANKING
a cheque to someone who has then written another person's name on it so that they can receive the money instead

Financial and business terms. 2012.

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  • cheque — [tʆek] , check noun [countable] BANKING 1. a printed form that you use to pay for something instead of using money. You write on it the amount in words and numbers, the date, the person being paid, and sign your name: • a cheque for £200 …   Financial and business terms

  • Cheque — A Canadian cheque …   Wikipedia

  • endorsed the cheque — signed his name on the check …   English contemporary dictionary

  • the cheque was endorsed — the ownership of the check was transferred to another person by signature …   English contemporary dictionary

  • account payee only — Words printed between two vertical lines in the centre of a UK cheque that, in accordance with the Cheque Act (1992), make the cheque non transferable. This is to avoid cheques being endorsed and paid into an account other than that of the payee …   Accounting dictionary

  • account payee only — Words printed between two vertical lines in the centre of a UK cheque that, in accordance with the Cheque Act (1992), make the cheque non transferable. This is to avoid cheques being endorsed and paid into an account other than that of the payee …   Big dictionary of business and management

  • endorse — /ɪn dɔ:s/ verb to say that a product is good ♦ to endorse a bill or a cheque to sign a bill or cheque on the back to show that you accept it COMMENT: By endorsing a cheque (i.e. signing it on the back), a person whose name is on the front of the… …   Dictionary of banking and finance

  • endorse — Transferring asset ownership by signing the back of the asset s certificate. Bloomberg Financial Dictionary * * * endorse en‧dorse [ɪnˈdɔːs ǁ ˈdɔːrs] also indorse verb [transitive] 1. LAW …   Financial and business terms

  • endorse — [[t]ɪndɔ͟ː(r)s[/t]] endorses, endorsing, endorsed 1) VERB If you endorse someone or something, you say publicly that you support or approve of them. [V n] I can endorse their opinion wholeheartedly. [V n] ...policies agreed by the Labour Party… …   English dictionary

  • Negotiable instrument — A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time. According to the Section 13 of the Negotiable Instruments Act, 1881 in India, a negotiable instrument means a… …   Wikipedia

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