negotiable instrument

British  

noun

1. a legal document, such as a cheque or bill of exchange, that is freely negotiable

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Example Sentences

See Examples For:

negotiable instrument

Among the oldest tricks he said he doubts will disappear — and one prevalent in Vancouver — involves "paying debts of legitimate businesses and receiving a cheque or other negotiable instrument in return."

From Salon ● Feb. 1, 2020

The full contract is usually printed on the receipt, but it must be remembered that a receipt is not a negotiable instrument and cannot be used as security for money.

From Up To Date Business Home Study Circle Library Series (Volume II.) by Seymour Eaton

The contract of bottomry is a negotiable instrument, which may be put in suit by the person to whom it is transferred: it is in use in all countries of maritime commerce and interests.

From The Sailor's Word-Book An Alphabetical Digest of Nautical Terms, including Some More Especially Military and Scientific, but Useful to Seamen; as well as Archaisms of Early Voyagers, etc. by Sir Edward Belcher

The assignee of a negotiable instrument filed a suit in a circuit court even though no diversity of citizenship existed as between the original parties to the mortgage.

From The Constitution of the United States of America: Analysis and Interpretation Annotations of Cases Decided by the Supreme Court of the United States to June 30, 1952 by Edward Samuel Corwin

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