What does endorsement mean in simple terms?
endorsement noun (APPROVAL)\n\n the act of saying that you approve of or support something or someone: The campaign hasn't received any political endorsements. He hoped to secure quick endorsement of the plan from the president.
How do you get an endorsement deal?
A signature is an endorsement. For example, when an employer issues a payroll check, it authorizes or endorses the transfer of money from the business account to the employee. The act of signing the check is considered an endorsement, which serves as proof of the payer's intent to transfer funds to the payee.
What is an example of a endorsement?
An endorsement, also known as a rider, adds, deletes, excludes or changes insurance coverage. An endorsement/rider can also be used to increase standard limits of coverage and take precedent over the original agreement or policy.
What are endorsement deals?
9How to Get Endorsement Deals – 7 Options that Work 10Conclusion What are Endorsement Deals? A sponsorship deal or endorsement deal is an arrangement between a person with influence and a merchant with products or services with the goal of commercial return on investment.
How do you use endorsement in a sentence?
The newspaper has announced its political endorsements. We're pleased that the project has received your endorsement. Without official endorsement, the project cannot proceed. Many retired athletes are able to make a lot of money by doing product endorsements. The bank requires that someone witness the endorsement of the check.
What is a check endorsement?
A check endorsement also includes the signature that the account holder provides at the front of the check form. This is important because the holder acknowledges that he is issuing a check for the amount written on it and directed to a specific recipient.