Endorsement
Categories: Regulations, Company Management
An endorsement is basically an A-Okay! confirmation that the document in front of the signer is, in fact, reflective of their wishes.
A check payer endorses a check, paying $512.19 to Shiny Grills R Us for the glow-in-the-dark add-on feature. Mr. Lochte will have thus endorsed the transfer of half his net worth of $512 in his B of A account to the dentist at Shiny Grills R Us. In the modern era, endorsements can be electronic. Now, hot companies in Silicon Valley, like HelloSign and DocuSign, receive biometric, hand-signed, or IP address registry snapshots of the endorser's location, and the endorser then no longer has to print paper, sign it, scan it back, and pray that nothing wiggled along the way.