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blank endorsement
blank en·dorse·ment (plural blank en·dorse·ments)


noun 
Definition:
 
endorsement naming no payee: an endorsement on a bill of exchange that does not name a payee and so may benefit the bearer
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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