Blank endorsement of a financial instrument, such as a cheque, is only a signature, not indicating the payee.
It is "an endorsement consisting of nothing but a signature and allowing any party in possession of the endorsed item to execute a claim.
"[1] A blank endorsement is a commonly known and accepted term in the legal and business worlds.
[4] The prevalent spelling in American English is endorsement; the minority convention, indorsement, is found in older American documents, although the revised Uniform Commercial Code Article on negotiable instruments retains the older spelling.
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