endorser

Technically, an endorser is anyone who signs the back of a financial instrument. In lending, the term is used as functional equivalent of a guarantor. A loan endorser usually signs a guaranty agreement included on the promissory note form, often on the back. American Banker Glossary

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endorser en‧dors‧er [ɪnˈdɔːsə ǁ -ər] noun [countable]
1. BANKING someone who endorses a document, for example a document showing ownership, a bill of exchange or a promissory note:

• If the original payee cannot pay at maturity, the final holder can approach the last endorser for payment, who in turn can claim from the previous endorser, etc.

2. MARKETING a well-known person who endorses a product in an advertisement:

• It's very typical for an advertisement for hair colouring to feature a celebrity endorser.

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endorser UK US /ɪnˈdɔːsər/ noun [C]
MARKETING someone, especially a well-known person, who appears in an advertisement saying that they use and like a particular product: »

The footballer is the company's first male celebrity endorser.

someone who makes a public statement saying that they support someone or something: »

The senator is the most recent of his candidacy endorsers.

endorser of sth »

High-profile endorsers of the campaign include the Foreign Secretary and the chairman of the National Farmers Union.

BANKING the person who signs the back of a cheque, bill of exchange, etc. written out to them in order to give permission for it to be paid to someone else: »

If a note has been endorsed, never agree to an extension of time without getting the written consent of the endorser.


Financial and business terms. 2012.

Look at other dictionaries:

  • endorser — en·dors·er also in·dors·er n: one who endorses something Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. endorser …   Law dictionary

  • Endorser — En*dors er, n. Same as {Indorser}. [1913 Webster] …   The Collaborative International Dictionary of English

  • Endorser — ist die Bezeichnung für einen Künstler (meistens Musiker), der durch einen so genannten Endorsement Vertrag an den Hersteller seiner Musikinstrumente gebunden ist. Dies bedeutet, dass der Künstler für die Musikinstrumente des Vertragspartners… …   Deutsch Wikipedia

  • endorser — Indorser In*dors er, Indorsor In*dors or, n. The person who indorses. [Written also {endorser}.] [1913 Webster] …   The Collaborative International Dictionary of English

  • 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… …   Investment dictionary

  • endorser — indosantas statusas Aprobuotas sritis augalininkystė apibrėžtis Asmuo, darantis sandėliavimo dokumento antrojoje pusėje arba jo tęsinyje perduodamąjį įrašą. atitikmenys: angl. endorser vok. Indossant, m rus. индоссант pranc. endosseur, m šaltinis …   Lithuanian dictionary (lietuvių žodynas)

  • endorser — endorse (US & Law also indorse) ► VERB 1) declare one s public approval of. 2) sign (a cheque or bill of exchange) on the back to specify another as the payee or to accept responsibility for paying it. 3) Brit. enter an endorsement on (a driving… …   English terms dictionary

  • endorser — noun 1. someone who expresses strong approval • Syn: ↑subscriber, ↑indorser, ↑ratifier • Derivationally related forms: ↑ratify (for: ↑ratifier), ↑indorse ( …   Useful english dictionary

  • endorser — noun see endorse …   New Collegiate Dictionary

  • endorser — See endorsable. * * * …   Universalium

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