Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,469,145 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

negotiable instrument

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

A Commercial Paper, such as a check or promissory note, that contains the signature of the maker or drawer; an unconditional promise or order to pay a certain sum in cash that is payable either upon demand or at a specifically designated time to the order of a designated person or to its bearer.


negotiable instrument n. check, promissory note, bill of exchange, security, or any document representing money payable which can be transferred to another by handing it over (delivery) and/or endorsing it (signing one's name on the back either with no instructions or directing it to another such as "pay to the order of Pamela Townsend.") (See: check, promissory note, bill of exchange)


negotiable instrument noun bank check, bank note, bank paper, bill, bill of exchange, cashier's check, check, commercial instrument, commercial paper, commercial transition, debenture, draft, negotiable paper, note, personal check, promissory note
Associated concepts: dishonor, named payee presentment
See also: coupon, debenture, draft, letter of credit, note, security, stock


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Legal browser?   Full browser?
 
A few countries require the declaration of negotiable instruments and this should be taken into account when crossing borders with these bonds if the nations involved require them to be declared.
95 Paperback Emanuel law outlines series KF957 Lawrence (contract law, Loyola Law School) provides a study guide to the state and federal law that applies to payment systems like electronic funds transfers, negotiable instruments, and credit cards.
The court passed the direction on a plea filed by Bhalla, challenging the metropolitan magistrate's order, which convicted him under the Negotiable Instrument Act.
 
 
 
Legal Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.