Endorse example sentences

The act of signing and transferring the bill is called endorsement.It is also a document of title to the goods and as such is freely transferable by the endorsement and delivery.The Rio Convention endorsed the global Forest Principles and adopted Agenda 21 for achieving Sustainable Development in the 21st century.Endorsement means the writing of instructions to pay the cheque to a particular person and then singing it on the back of the cheque.Hence, no entry is recorded in the books of drawer or endorser.The bill can be initially endorsed by the drawer by putting his signatures at the back of the bill along with the name of the party to whom it is being transferred.An important point in connection with bill receivables and bills payable books is that they only record the transactions relating to drawing and acceptance of bills, all other transactions do not record the entire range of transactions relating to the bills, e.g. relating to bills discounted, endorsement, retirement, renewal etc.If Harish Chander endorses this promissory note in favour of Rohit then Rohit will become the payee.Generally when the ship arrives at the port, the importer obtains the endorsement on the back of the bill of lading.Firstly, the importer has to obtain a delivery order which is otherwise known as endorsement for delivery.The exporter endorses the railway receipt in favour of his agent to enable him to take delivery of goods at the port of shipment.A debt can be settled by transferring a bill of exchange through endorsement and delivery.An order cheque can be transferred by endorsement and delivery.It is a tendency on the part of the respondent to endorse items in a socially desirable manner.It is also a document of title to the goods and as such is freely transferable by the endorsement and delivery.