Negotiability: Difference between revisions

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{{a|glossary|
{{a|banking|{{wmc|San Francisco Pacific Railroad Bond WPRR 1865.jpg|A [[bond]] yesterday.}}[[File:Negotiable cow.jpg|450px|thumb|center|Another negotiable instrument yesterday]]
[[File:Transylvanian Bond.jpeg|450px|thumb|center|A negotiable instrument in Transylvania yesterday]]
[[File:Negotiable cow.jpg|450px|thumb|center|Another negotiable instrument yesterday]]
}}Or a [[financial instrument]], its ease of ''legal'' transferability, especially without the cooperation of the instrument’s obligor. An instrument can be negotiable even if not easily transferred physically, as A. P. Herbert’s magical tale of the [[Negotiable cow|Negotiable Cow]] (pictured right) makes clear.
}}Or a [[financial instrument]], its ease of ''legal'' transferability, especially without the cooperation of the instrument’s obligor. An instrument can be negotiable even if not easily transferred physically, as A. P. Herbert’s magical tale of the [[Negotiable cow|Negotiable Cow]] (pictured right) makes clear.



Revision as of 08:23, 30 September 2024

Banking basics
A recap of a few things you’d think financial professionals ought to know
A bond yesterday.
Another negotiable instrument yesterday
Index: Click to expand:
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Or a financial instrument, its ease of legal transferability, especially without the cooperation of the instrument’s obligor. An instrument can be negotiable even if not easily transferred physically, as A. P. Herbert’s magical tale of the Negotiable Cow (pictured right) makes clear.

See also