Definition

1. Noun:
   • A person who signs their name on the back of a check or other negotiable document: An indorser is someone who transfers their legal right or ownership of a document (like a check or promissory note) to another person by signing it on the reverse side.
   • A person who expresses strong approval or support: An indorser is someone who publicly gives their approval, backing, or recommendation to a person, product, or idea.

Examples

• Noun (Financial):
  • The check was not valid until the indorser signed it on the back.
  • As the indorser of the note, she became liable for the payment if the original debtor defaulted.
• Noun (Supportive):
  • The famous athlete was a paid indorser for the new sports drink.
  • Several respected scientists acted as indorsers for the research paper's findings.

Advanced Usage

• "Blank indorser": A person who signs a negotiable instrument without specifying a new payee, making it payable to the bearer (anyone who holds it).
  • By being a blank indorser, he made the check effectively like cash.
• "Accommodation indorser": A person who signs a negotiable instrument to lend their credit to another party, without being a direct beneficiary.
  • He acted as an accommodation indorser on his friend's loan to help him get approved.

Variants and Related Words

• Indorse (verb): The action of signing the back of a document or giving one's approval.
  • The bank will not cash a check you have not indorsed.
  • The committee voted to indorse the candidate.
• Indorsement (noun): The signature itself or the act of giving approval.
  • Her indorsement on the contract made it official.
  • The product launch was successful thanks to the celebrity's indorsement.

Synonyms

• Signer: One who signs a document.
• Backer: One who supports, especially financially.
• Supporter: One who advocates for or approves of something.
• Sponsor: One who assumes responsibility or promotes a person or venture.

Notes on Usage

• Spelling: The spelling indorser (and indorse, indorsement) is primarily used in legal and financial contexts. In general usage, the more common spelling is endorser (and endorse, endorsement). Both forms are correct and have identical meanings.
• Context is Key: The meaning is almost entirely determined by context. In a bank, an signs checks. In an advertisement, an gives a testimonial.

Noun

1. a person who transfers his ownership interest in something by signing a check or negotiable security
2. someone who expresses strong approval