Definition of Acknowledgement

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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.

historic definition...

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

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".


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