Meaning of “endorsee” in the English Dictionary

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"endorsee" in Business English

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endorseenoun [ C ]

uk /endɔːˈsiː/ us BANKING

the person whose name is written on the back of a cheque, bill of exchange, etc. so that they can receive the money from it instead of the person it was originally written for:

The holder of a negotiable instrument may be the payee or the endorsee.

(Definition of “endorsee” from the Cambridge Business English Dictionary © Cambridge University Press)