Restrictive endorsement

Definition:

An endorsement signature on the back of a check that specifies the conditions under which the check can be transferred or paid out.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Central Counterparty Clearing House

An organization in European countries that helps facilitate trading done in European derivatives and equities market.

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