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Restrictive Endorsement
A limitation placed on the use of a check or other negotiable instrument, specifying the conditions under which it can be transferred.
Blank Endorsement
A signature on a financial instrument, such as a check, that specifies no particular payee, allowing any holder of the instrument to cash or deposit it.
Rubber Stamp
A tool used to imprint designs or text on a surface with ink, often used metaphorically to describe automatic approval without careful consideration.
Accounts Receivable Subsidiary Ledger
A detailed ledger that contains individual accounts for customers who owe money to the business, supporting the control account in the general ledger.
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