Acknowledgement -- Authentication of a signature on a banking or other commercial document. Acknowledgment is required in various circumstances such as in transfers of accounts and bank receipt of payments and orders.
Acknowledgment -- A declaration or admission made and
signed before an authorized official, such as a notary, commissioner
or judge ; attached to bonds , mortgages, deeds, etc.
The purpose of an acknowledgment is to furnish satisfactory
evidence that the instrument was signed by the person whose
name it bears and also that he is the person described in the
instrument. For forms of acknowledgment in surrendering title to securities
see Rules for delivery.
About the author
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".
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