Investopedia

X-Mark Signature

Filed Under »
Dictionary Says

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 Says

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.

Articles Of Interest

  1. Identity Theft: How To Avoid It

    Don't be a victim of this disturbing crime. Get insight into how perpetrators commit this form of fraud.
  2. Easy Ways To Cut Rental Costs

    If rent payments are crippling your finances, then read on to learn how to save your money.
  3. What is an alienation clause?

    Whether used in reference to insurance policies, mortgages or commercial loans, an alienation clause stipulates that should a purchaser or borrower sell his or her interest to another party, ...
comments powered by Disqus
Marketplace
Hot Definitions
  1. Abatement Cost

    A cost borne by many businesses for the removal and/or reduction of an undesirable item that they have created.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
Trading Center