Legal Dictionary

negotiable instrument

Definition of negotiable instrument

Noun

negotiable instrument (plural negotiable instruments)

  1. (law, banking, business) A right to receive payment of money which is unconditional (sometimes excepting loss or theft) and capable of transfer by negotiation.

Hyponyms

See also

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



SHARE THIS PAGE

TOP LEGAL TERMS THIS WEEK
1.     whitelist
2.     lex fori
3.     lex causae
4.     landed property
5.     status quo
6.     ownership
7.     abide
8.     precatory words
9.     unjustified
10.     lex situs