Question

What is endorsement of cheque?

Answer 1

Signature included on the front or back of a check acknowledging that both parties have agreed to exchange the specified amount on the document. The signature or account information included on the back of a check acknowledges that the intended recipient received the document and deposited it.

Answer 2

Practically

If A gets a cheque from B and he have some debt (borrowed money) money from C .Then he would probably give the same cheque which B would given to A in the name of C.

Hope you understood

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