Investopedia

Continue to Site »

Endorsement

Filed Under » ,
Dictionary Says

Definition of 'Endorsement'

1. A legal term that refers to the signing of a document which allows for the legal transfer of a negotiable from one party to another.

2. An attachment to a document that amends or adds to it. Typically, it is an added provision to an insurance policy. Also referred to as a "rider".
Investopedia Says

Investopedia explains 'Endorsement'

1. When an employer signs a check, they are endorsing the transfer of money from the business accounts to the account of the employee.

2. If an insurance contract has a provision stating that in the event of the policy holder's death the family of the policy holder will continue to receive the policy holder's monthly income for a period of time, this is an example of an endorsement or a rider. Endorsements and riders cause the price of the premium to rise as they provide a positive benefit.

Articles Of Interest

  1.

    Insurance Tips For Homeowners

    Use these simple ideas to save money and get better coverage for your house.

  2. Cover Your Company With Liability Insurance

    Every business is susceptible to legal action. Find out how to protect yours.

  3. Long-Term Care Insurance: You Have Options

    The latest offerings provide more coverage and the ability to pick and choose what types of coverage you'll need.

  4. Life Insurance: Putting A Price On Peace Of Mind

    Would your death leave loved ones financially stranded? Find out how to ease your mind and keep them protected.

  5. Medicaid Vs. Long-Term Care Insurance

    These are not equal. Here's why you need to think twice before relying on the government-sponsored program.

  6. The Economics Of Stay-At-Home Moms

    If an at-home mom was getting paid for all of the work she does, how much would she get?

  7. Best Valentine's Day Gifts For Your Man That Are Under $20

    These inexpensive products make good gifts for the man in your life.

  8. Best Valentine's Day Gifts For Women That Are Under $20

    Clichés are clichés for a reason. Sometimes the most clichéd gift can actually be an ideal one.

  9. Most Wasteful Valentine's Day Gifts

    Cards, candy and flowers are all wasteful gifts. You'd be better off spending your money more wisely.

  10. Understanding The Difference Between Spending And Investing

    Learn more about the difference between investment and spending, and why it is an important distinction to make.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Validation Period

    The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost of investigation, medical exams and other expenses associated with the issuance of the policy.

  2. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  3. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  4. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  5. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  6. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
Trading Center