Endorsee
/ɪnˈdɔːrsi/
Definitions
- (n.) A person to whom a negotiable instrument is endorsed and who thereby acquires legal title to it.
The endorsee received the check as payment and could cash it at the bank.
Forms
- endorsees
Related terms
See also
Commentary
An endorsee gains rights by endorsement; clarity in endorsement language avoids disputes regarding transfer of title.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.