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negotiable instruments
noun
Plural of negotiable instrument
Exact(28)
Thus, a promise of A to pay B a certain sum at a specified date in the future could be used by B to pay a debt to C. This "negotiability of credit" was facilitated by the development of a variety of negotiable instruments including promissory notes, checks, and drafts (bills of exchange).
It said Bitcoin trading and other activities, like charges for verifying transactions, "are exempt because they fall within the definition of 'transactions, including negotiation, concerning deposit and current accounts, payments, transfers, debts, cheques and other negotiable instruments'".
Negotiable Instruments and Bank Guarantees-- J.M. Saleh.
The UCC also bears on checks and other negotiable instruments.
Negotiable instruments are used for purposes of payment or credit and as security.
Uniform Commercial Code › U.C.C. - ARTICLE 3 - NEGOTIABLE INSTRUMENTS (2002) › PART 6. DISCHARGE AND PAYMENT › § 3-603.
Similar(32)
Such a bill of lading may be negotiated in much the same way as a check, draft, or other negotiable instrument, which means that a bona fide purchaser of the bill of lading takes it free and clear of any defects not appearing on its face.
Part 2 Commercial law: concepts and sources of commercial law the economic operators the economic institutions general obligations of the economic operators business assets and industrial property law bankruptcy negotiable instruments stock and commodity exchanges commercial contracts commercial securities.
A signed certificate becomes a negotiable instrument.
The most common and most complex form of negotiable instrument is the draft, or bill of exchange.
"That way, you have a document in your hand, an actual US Airways ticket that is a negotiable instrument," he said.
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