The meaning of NEGOTIABLE INSTRUMENT is a transferable instrument (as a note, check, or draft) containing an unconditional promise or order to pay to a holder or to the order of a holder upon issue, possession, demand, or at a specified time. How to use
Negotiable Instruments Meaning Whenever one thinks of negotiable instruments meaning (or NIs) the thoughts of cheques and bills of exchange come to mind. These instruments are nothing but documents which have monetary value and are exchangeable. Hence, the two main characteristics of Negotiable Instrum...
She later recalled that the dean unsuccessfully tried to convince her to teach negotiable instruments law instead of sex discrimination, as she wanted, saying: “You risk typing yourself as a woman.” From Washington Post Among the oldest tricks he said he doubts will disappear — and one preva...
a person is not liable on an instrument unless the person signed the instrument Uniform Commercial Code an indictment is a form of charging instrument specifically : negotiable instrument More from Merriam-Webster on instrument Nglish: Translation of instrument for Spanish Speakers Britannica English...
Other examples of negotiableinstruments include banknotes, bills of exchange, demand draft and promissory notes. A negotiable instrument is a document that guarantees the payment of a specified amount of money. The receiver gets the money either on demand, or at a set time. ...
morenegotiable, butcrucialto makingpeaces.•The fact is everything isnegotiablein business, not simply the price.•Illustrationsare the many uses to which thenegotiableinstrumenthas been put.•Intheory,issuesofdefinitivedebtinstruments in the Euromarkets arenegotiableinstruments.•However, thecontents...
3) Negotiable instrument: where a negotiable instruments is given in consideration of some past act, that past act will form as a good consideration for the issue of the negotiable instrument and the party who gets the instrument can validly ...
Non-negotiable is the opposite ofnegotiable. When an asking price or contract is referred to as negotiable, it means that it is not set in stone and can be adjusted depending on the circumstance. Likewise, instruments of this nature can be exchanged or transferred with ease. ...
aAccording to China, "this fatally undermines the United States' insistence that the drafters of the Annex meant to exclude cheques from the ordinary meaning of the terms 'financial assets' and 'negotiable instruments"'. 根据中国, “这致命地破坏美国的坚持附录的起草人意味从期限的普通的意思排除钞...
A banker's acceptance (BA) is a negotiable piece of paper that functions like a post-dated check. A bank rather than an account holder guarantees the payment. Banker's acceptances are also known asbills of exchange. They're used by companies as a relatively safe form of payment for large...