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Negotiable instrument: Difference between revisions
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{{ | {{a|banking| | ||
[[File:Stradivarius.jpg|450px|thumb|center|An [[expensive musical instrument]], yesterday]] | |||
}}{{d|Negotiable instrument|/nɪˈgəʊʃiəbəl ˈɪnstrʊmənt/|n| | |||
[[File:Negotiable cow.jpg|450px|thumb|center|A [[negotiable instrument]] yesterday.]] | [[File:Negotiable cow.jpg|450px|thumb|center|A [[negotiable instrument]] yesterday.]] | ||
}}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]]”). | }}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]]”). | ||