endorsement to the bank

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• endorsement — A written statement on a document, usually on the back of the document, in which the owner assigns his rights to an individual or entity named in the endorsement. American Banker Glossary * * * endorsement en‧dorse‧ment [ɪnˈdɔːsmənt ǁ ɔːr ] also… …   Financial and business terms

• Bank Endorsement — An endorsement by a bank for a negotiable instrument, such as a banker s acceptance or time draft, that assures the counterparty that the bank will stand behind the obligations of the creator of the instrument. Bank endorsements are common in… …   Investment dictionary

• bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… …   Universalium

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• bank — I (New American Roget s College Thesaurus) n. slope, hillside; mound, heap, ridge; tier; beach, shore, shoal; depository, vault. See obliquity, land, store. v. tilt, angle, slope; deposit. See edge, aviation. II (Roget s IV) n. 1. [A wall of… …   English dictionary for students

• endorsement — noun a) The act or quality of endorsing The association announced its endorsement of the policy. b) An amendment to an insurance contract that changes the coverage. The bank required that cheque endorsement be witnessed by a cashier …   Wiktionary

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