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Meaning of “endorsee” in the English Dictionary

"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.
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(Definition of endorsee from the Cambridge Business English Dictionary © Cambridge University Press)
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