1. Plural of indorsor; persons who write their names on the back of a negotiable instrument (such as a check or promissory note) to transfer it or guarantee payment.
Usage: Legal/financial term; Also spelled 'endorsors' in modern usage

Examples

• The indorsors of the promissory note were held liable for payment.
• Multiple indorsors signed the back of the check to transfer ownership.
• The bank required all indorsors to provide identification before cashing the instrument.
• In commercial law, indorsors assume responsibility for the validity of the negotiable instrument.
• The contract specified that indorsors would guarantee the debt if the primary debtor defaulted.