Endorsements, Continued.

Here's a look at the types of endorsements, and what they mean.

Let's say you just got your hard-earned paycheck. You want to give that money to someone else. This is called a "blank" endorsement.

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A "BLANK" ENDORSEMENT: You want anybody to be able to cash your check, including your worst enemy.

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• This is a very dangerous endorsement.
• This endorsement means that anybody can cash your check - even somebody that finds it on the street.
• To make a 'blank' endorsement: You simply sign the check on the back, making sure your signature matches the way the check is written.
• You've just turned the check into cash.

Ready for a test question?