special endorsement

Definition

An endorsement of a check authorizing payment to an entity other than the entity to which the check was originally written. A special endorsement consists of a signature and a statement identifying the entity to which the check should be paid.

Use special endorsement in a sentence

The check my mother signed for my field trip needed a special endorsement because it was being paid to the school.

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Because I use Bacon brand bacon i got a special endorsement to suggest their product to every one i know i get paid in free bacon.

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SPECIAL ENDORSEMENT A measure of returns on an investment's equity portion. It is the ratio of earnings in relation to the amount of equity invested. The earnings from the investment are computed by taking into consideration interest expense but not income taxes. The equity yield rate is computed as earnings on equity/amount of equity.

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Special Drawing Rights blank endorsement