Dictionary:

endorsement

  (ĕn-dôrs'mənt)

1. The act of endorsing: The athlete was highly paid to do endorsements of products.
2. Something, such as a signature or voucher, that endorses or validates.
3. Approbation; sanction; support: The candidates competed for the union's endorsement.
4. An amendment to a contract, such as an insurance policy, by which the original terms are changed.

1. A legal term that refers to the signing of a document which allows for the legal transfer of a negotiable from one party to another.

2. An attachment to a document that amends or adds to it. Typically, it is an added provision to an insurance policy. Also referred to as a "rider".

Investopedia Says:
1. When an employer signs a check, they are endorsing the transfer of money from the business accounts to the account of the employee.

2. If an insurance contract has a provision stating that in the event of the policy holder's death the family of the policy holder will continue to receive the policy holder's monthly income for a period of time, this is an example of an endorsement or a rider. Endorsements and riders cause the price of the premium to rise as they provide a positive benefit.

Related Links:
Would your death leave loved ones financially stranded? It's time to shop for peace of mind. Buying Life Insurance: Term Versus Permanent
Use these simple ideas to save money and get better coverage for your house. Insurance Tips For Homeowners
These are not equal. Here's why you need to think twice before relying on the government-sponsored program. Medicaid Versus LTC Insurance
The latest offerings are markedly different, with more coverage and bundling options. The Evolution of LTC-Insurance Plans

Advertising: statement by a perceived authority used in a promotion to recommend a product. That authority may be a satisfied customer, a celebrity, or someone with relevant professional credentials, such as a physician who endorses a brand of aspirin.

Fulfillment: signature on the back of a check or other negotiable instrument that transfers ownership of an asset (such as cash) from a maker to a payee.

Direct mail: see ancillary service endorsement.

1. The act of signing one's name, as the payee, on the back of a check or note, with or without further qualification; the signature itself.
Example:

2. Offering support or credibility to a statement.
Example: The American Association of Homebuilders endorses the use of brick as a construction material.

Signature on a draft or check by a payee before transfer to a third party. A payee provides such an endorsement when transferring this draft to the payee's bank. Checks can be endorsed in three different ways. In a blank endorsement, once signed, it becomes a negotiable instrument and can be used as such by anyone. A restrictive endorsement limits the use of the check to a single purpose. "For deposit only" is written on a check when it is deposited by mail. If the check is lost in the mail and subsequently found, it cannot be cashed. A special endorsement is used to pay someone else. All that is required is to indicate the payee and sign.

noun

1. The approving of an action, especially when done by one in authority: allowance, approbation, approval, authorization, consent, leave², license, permission, permit, sanction. Informal OK. See allow/prevent.
2. An indication of commendation or approval: backing, recommendation, support. See support/oppose.

Definition: support, authorization
Antonyms: censure, disapproval, opposition, refusal, rejection

Endorsement may refer to:

• Political endorsement
• Endorsement terrorism
• Endorsement test, a U.S. Supreme Court test for Church-State separation
• Endorsement (advertising), or testimonal, written or spoken statement extolling the virtue of some product
• A notation made on a Driver's license
• A signature on the back of a check, authorizing it to be deposited.
• A contract to promote a product by a celebrity or athlete.

This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)