#credit instrument

• Endorse — The act of writing a special endorsement on the back of a credit instrument, check, bill of exchange, or promissory note, through which the ownership rights and claims contained in that document are officially transferred to another person. In an extended legal and commercial sense, it represents the structural formality of validating a transfer, assuming the role of payment guarantor.
• Endorsement — The legal act, written formula, or formal statement signed by the holder of a credit instrument to order (such as a bill of exchange, promissory note, or check) on the back of the document, transferring to another person the ownership of the instrument and all rights arising from it. This structural mechanism ensures the rapid circulation of commercial paper in the market, functioning as a payment guarantee from the transferor.
• Endorsed — Having undergone the process of endorsement; a credit instrument, check, bill of exchange, or promissory note on the back of which an official statement transferring ownership or claim rights has been written and signed. In a technical sense, it describes the state of a financial document whose commercial circuit has been structurally validated through the application of a gir.