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TeachMeFinance.com - explain Special indorsement historic definition... Special indorsement -- Same as indorsement in full ; an indorsement on a check, draft, promissory note or other negotiable instrument or paper which transfers the instrument specifically to a new holder that is, the payee (the holder or owner) formally makes over the paper in writing on the back to another whose name is given. Then the paper is payable only to the one to whom it has been explicitly transferred and not to any one who may chance to have possession of it. 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.