payable to order
Payable only to a specified payee. [Cases: Bills and Notes 427. C.J.S. Bills and Notes; Letters of Credit§ 233.]
Payable only to a specified payee. [Cases: Bills and Notes 427. C.J.S. Bills and Notes; Letters of Credit§ 233.]
payable to order (票据法)付款给指定人;凭指示付款 指付款人应凭票据所记载或确定的人的指示来付款;只能向票据上指定的人付款。 (→negotiation)
payable, adj. (Of a sum of money or a negotiable instrument) that is to be paid. • An amount may be payable without being due. Debts are commonly payable long before they fall due. payable after sight. Payable after acceptance or protest of nonacceptance. See sight draft under DRAFT. [Cases: Bills and Notes 129(3). C.J.S.
negotiable order of withdrawal. A negotiable instrument (such as a check) payable on demand and issued against funds deposited with a financial institution. — Abbr. NOW.
negotiable order of withdrawal Read More »
An instrument payable to a specific payee or to any person that the payee designates. — Also termed order document; order instrument. [Cases: Bills and Notes 208. C.J.S. Bills and Notes; Letters of Credit §§ 139, 143, 146.]
A written instrument that (1) is signed by the maker or drawer, (2) includes an unconditional promise or order to pay a specified sum of money, (3) is payable on demand or at a definite time, and (4) is payable to order or to bearer. UCC § 3-104(a). — Also termed negotiable paper; negotiable note.
negotiable instrument Read More »
negotiable instrument. A written instrument that (1) is signed by the maker or drawer, (2) includes an unconditional promise or order to pay a specified sum of money, (3) is payable on demand or at a definite time, and (4) is payable to order or to bearer. UCC § 3-104(a). — Also termed negotiable paper;
negotiable instrument Read More »
An assignment that results when an order is drawn on a third party and made payable from a particular fund that belongs to the drawer. • The drawee becomes an assignee with respect to the drawer’s interest in that fund. [Cases: Assignments 49. C.J.S. Assignments § 55.]
assignment pro tanto Read More »
(按要求)应付给持票人 英语:payable to bearer (on demand) 法语:payable au porteur 德语:an den Inhaber auf Anforderung zahlbar 意大利语:pagabile al portatore, a vista, all’ordine 西班牙语:pagadero al portador
An instrument payable to the person who holds it rather than to the order of a specific person. • Bearer paper is negotiated simply by delivering the instrument to a transferee. — Also termed bearer document; bearer instrument. [Cases: Bills and Notes 210. C.J.S. Bills and Notes; Letters of Credit § 145.]