Search Results for: NEGOTIABLE

negotiable instrument

negotiable instrument 流通票据;可转让票据;流通证券;可转让证券 指具有以下特征的书面单证:1由出票人签章;2载有无条件支付特定金额的承诺或指示;3见票即付或在特定时间付款;4向持票人或依指示付款。具体主要包括汇票、本票、银行支票、存单及其他流通证券。

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nonnegotiable

nonnegotiable, adj. 1. (Of an agreement or term) not subject to change (the kidnapper’s demands were nonnegotiable). 2. (Of an instrument or note) incapable of transferring by indorsement or delivery. Cf. NEGOTIABLE INSTRUMENT . [Cases: Bills and Notes 144. C.J.S. Bills and Notes; Letters of Credit §§ 127, 129–130, 143.]

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