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Blank endorsement of a financial instrument, such as a cheque, is only a signature, not indicating the payee. The effect of this is that it is payable only to the bearer – legally, it transforms an order instrument ("pay to the ''order of'' (the payee)") into a bearer instrument ("pay to the bearer"). It is one of the types of endorsement of a negotiable instrument. It is "an endorsement consisting of nothing but a signature and allowing any party in possession of the endorsed item to execute a claim."〔(Investor Words web site )〕 A blank endorsement is a commonly known and accepted term in the legal and business worlds.〔(Answers.com )〕〔(The Free Dictionary web site )〕 This is also called an ''endorsement in blank''〔 or ''blank endorsement''.〔Gordon W. Brown and Paul A. Sukys, ''Business law with U.C.C. Applications'' pp. 491, 929 (McGraw-Hill, 11th ed. 2006).〕 The prevalent spelling in American English is ''en''dorsement; the minority convention, ''in''dorsement, is found in older American documents, although the revised Uniform Commercial Code Article on negotiable instruments retains the older spelling. ==See also== *Banking *Bearer bond *Bearer instrument *Blank cheque *Draft *Negotiable instrument *Forged endorsement *Promissory note 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Blank endorsement」の詳細全文を読む スポンサード リンク
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