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TeachMeFinance.com - explain Acknowledgement 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. 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.