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{{d|Negotiable instrument|/nɪˈgəʊʃiəbəl ˈɪnstrʊmənt/|n|}}An instrument conferring a right to a payment of money or the delivery assets which the [[bearer security|bearer]] can, without the [[issuer]]’s consent, transfer to a third party (a process known as, confusingly, as “[[negotiate|negotiating]]”). | |||
{{quote| | {{quote| | ||
''So I took my [[Negotiable cow|cow]] <br> | ''So I took my [[Negotiable cow|cow]] <br> |