DEFINITION of 'Endorser'

A person who is authorized to sign a negotiable security in order to transfer ownership from one party to another, or to approve the terms and conditions of a contract. Endorsing a check before it is cashed or deposited is the most common and widely known example, but an endorser is also required to complete such transactions as transferring a car title or trading a financial security.


Most people endorse a check to cash it, deposit it or sign it over to someone else. Signatures are usually required on the back of a check or financial instrument. Incorrectly endorsing a check can result in the bank returning the check to the issuer.

  1. Check

    A written, dated and signed instrument that contains an unconditional ...
  2. Morris Plan Bank

    A type of bank first established in 1910 to lend money to individuals ...
  3. Negotiable

    1. Describing the price of a good or security that is not firmly ...
  4. Certified Check

    A type of check where the issuing bank guarantees the recipient ...
  5. Cashier's Check

    A check written by a financial institution on its own funds. ...
  6. Stock Certificate

    The physical piece of paper representing ownership in a company. ...
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