X-Mark Signature

AAA

DEFINITION of 'X-Mark Signature'

An X-mark made by a person in lieu of a signature. Due to illiteracy or disability, a person may be unable to append a full signature to a document as attestation that he or she has reviewed and approved its contents. In order to be legally valid, the X-mark signature must be witnessed.

INVESTOPEDIA EXPLAINS 'X-Mark Signature'

Due to the obvious potential for fraud, doubts may arise about the validity and enforceability of documents signed with X-mark signatures. In some U.S. states, for example, the law requires courts to invalidate wills signed with an X unless the testator was physically or mentally incapable of signing his or her full name.

RELATED TERMS
  1. Statute of Frauds

    A legal concept that requires certain types of contracts to be ...
  2. Countersignature

    An additional signature on a document that has already been signed. ...
  3. Breach Of Contract

    Violation of any of the agreed-upon terms and conditions of a ...
  4. Contract Holder

    An individual or organization who owns the rights to a debt or ...
  5. Signature Guarantee

    A form of authentication issued by a bank or other financial ...
  6. Copyright Infringement

    The use or production of copyright protected material without ...
Related Articles
  1. Insurance

    Identity Theft: How To Avoid It

  2. ISDA Master Agreement
    Investing Basics

    ISDA Master Agreement

  3. Budgeting

    4 Contract Essentials You Need to Know

  4. Home Sale Contingencies: What Buyers And Sellers Need To Know
    Home & Auto

    Home Sale Contingencies: What Buyers ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center