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TeachMeFinance.com - explain Blank indorsement historic definition... Blank indorsement -- A blank indorsement on a check, bill of exchange (draft), promissory note or other negotiable instrument or paper is when the paper is not transferred specifically to a new holder, but when the name of the payee (the holder ; that is, the owner of the paper) is written alone (by itself) on the back of the paper. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.