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LSDefine

Simple English definitions for legal terms

blank endorsement

Read a random definition: memdispo

A quick definition of blank endorsement:

Blank endorsement is when someone signs their name on a financial document, like a check, without specifying who should receive the money. This means that anyone who has the document can cash it or deposit it. It's like giving the document to whoever finds it, which can be risky if it gets lost or stolen.

A more thorough explanation:

Blank endorsement is a type of signature that can be found on a financial instrument, such as a check. This type of endorsement does not have a designated payee, which means that whoever possesses the instrument can demand payment.

For example, if a check is made payable to cash and endorsed on the back with the signature of the account holder, it becomes a blank endorsement. This means that anyone who has the check can cash or deposit it, which can be risky if the check is lost or stolen.

Another example of a blank endorsement is a stock certificate that is endorsed without a designated recipient. This means that the person who holds the certificate can sell or transfer the stock to anyone they choose.

Overall, a blank endorsement essentially turns a financial instrument into a bearer paper, which means that whoever possesses it can use it as if it were cash.

blackmail | blanket search warrant

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19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
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