Negotiable Instrument Definition
noun
In commercial law, a writing that meets certain criteria, such as that it contains an unconditional promise to pay a specified amount on demand or at a particular date to the bearer or a particular person, and it is signed by the person making it.
Webster's New World Law
(law, banking, business) A right to receive payment of money which is unconditional (sometimes excepting loss or theft) and capable of transfer by negotiation.
Wiktionary
Other Word Forms of Negotiable Instrument
Noun
Singular:
negotiable instrument
Plural:
negotiable-instrumentsRelated Articles
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