negotiable instrument

noun

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

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A demand note, said Grierson, with musty gravity, is a negotiable instrument running for an indefinite period.

In case of a negotiable instrument, consideration is presumed.

May there be an undisclosed principal to a negotiable instrument?

In what sense, if any, is a bill of lading a negotiable instrument?

A negotiable instrument secured by mortgage or other security, binding the maker to pay certain sums on specific dates.

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