In finance and business:
* Endorsement: This is a written signature on the back of a negotiable instrument, such as a check or a promissory note, which transfers ownership and liability to another party. It can be a simple signature, or it can include instructions about how the instrument should be paid.
* Indorsement: This refers to a written statement of support or approval for a product, service, or person. It can be a celebrity endorsement for a brand, or a professional recommendation for a job candidate.
In law:
* Indorsement: This can refer to the act of signing a document to indicate agreement or approval. This is common in legal documents like contracts, where both parties need to endorse the agreement to make it legally binding.
In other contexts:
* Endorsement: This can also be used to describe the act of publicly supporting a particular cause or candidate.
To clarify which definition is appropriate, you need to consider the specific context in which the term is used.
For example, if you're talking about a check, then "indorsement" likely refers to the signature on the back. However, if you're talking about a political candidate, then "endorsement" likely refers to a public statement of support.
It's always helpful to consider the surrounding text and the topic of discussion to understand the intended meaning of "indorsment."