1. a person to whom a negotiable instrument (such as a check or promissory note) is transferred by indorsement
Usage: legal/commercial term; also spelled 'endorsee'

Examples

• The indorsee of the check deposited it into her bank account.
• When you sign the back of a check, you become the indorser and the bank is the indorsee.
• The indorsee must present the indorsed instrument to claim payment.
• In commercial law, the indorsee receives rights to the negotiable instrument.
• The indorsee of a promissory note can enforce payment against the maker.