English version

endorsee in Banking topic

From Longman Business Dictionaryendorseeen‧dor‧see /ɪnˌdɔːˈsiː, ˌendɔːˈsiːˌendɔːrˈsi/ noun [countable] BANKING the person who will benefit from a cheque, BILL OF EXCHANGE etc when it is endorsedUnfortunately, the endorser became insolvent before the endorsee had taken possession of the bill of lading. compare endorser