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

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 prevalent in Vancouver — involves "paying debts of legitimate businesses and receiving a cheque or other negotiable instrument in return."

From Salon

Afghan law requires bearers of large sums of cash or negotiable instruments worth the equivalent of $20,000 entering or exiting Afghanistan to formally declare the cash or instruments.

From Newsweek

Debentures to bearer are negotiable instruments and pass by delivery.

From Project Gutenberg

Two salient characteristics distinguish negotiable instruments from other engagements to pay money.

From Project Gutenberg