NEGOTIABLE INSTRUMENT
(noun)Definitions
There is 1 meaning of the phrase
Negotiable Instrument.
Negotiable Instrument - as a noun
An unconditional order or promise to pay an amount of money
Hypernyms (Closely Related)
instrumentlegal documentlegal instrumentofficial documentHyponyms (Broadly Related)
Example Sentences
"A check is a negotiable instrument that allows the transfer of money between parties."
"The promissory note was a negotiable instrument that secured the loan."
"The bearer bond is a type of negotiable instrument that can be transferred by physical possession."
"The bill of exchange is a commonly used negotiable instrument in international trade."
"The certificate of deposit is a negotiable instrument issued by banks."
