Negotiable InstrumentAccording to the Uniform Negotiable Instruments Act, an instrument is negotiable when it is in writing and signed, containing an unconditional promise or order to pay a certain amount of money, on demand, or at a definite future date, to the bearer, to order, or to a named or certain drawee.
Negotiable instrumentAn instrument, such as a cheque or a bill of exchange, which can be transferred by one person to another by the first signing his name on the back of the instrument.
Negotiable instrumentAn unconditional order or promise to pay some amount of money, easily transferable from one party to another.
Negotiable certificates of depositNegotiable certificates of deposit
Large-denomination bank certificates of deposit that can be traded.
A security whose title is transferable by delivery . See also: Negotiable instrument.
Renegotiable rateRenegotiable rate
A type of variable rate involving a renewable short-term "balloon" note. The interest rate on the loan is generally fixed during the term of the note, but when the balloon comes due, the lender may refinance it at a higher rate. In order for the loan to be fully amortized, periodic refinancing may be necessary.
Negotiable Order of Withdrawal Account (NOW)Negotiable Order of Withdrawal Account (NOW)
An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units.
Not negotiableNot negotiable
Words written on a bill of exchange or cheque which should prevent encashment following theft. For example if A writes a cheque to B and marks it 'not negotiable', then in the event that the cheque is stolen by C, it could not be cashed since no one can have a good title to it other than B.
Further SuggestionsNegotiable order of withdrawal (NOW)
Renegotiable Rate Mortgage
Negotiable bill of lading