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negotiable instrument bill of exchange, check, promissory note, or other written contract for payment that may serve as a substitute for money. It is simple in form and easy to transfer. Transfer of a negotiable instrument, accomplished by delivery or endorsement and delivery, gives the new holder of the contract the right to enforce fulfillment in his own name. Negotiable instruments made payable to bearer are transferred by delivery; those made payable to order are transferred by endorsement and delivery. Like commercial paper , negotiable instruments were developed to meet the needs of trade. They are used by businessmen to facilitate long-distance transactions and to avoid the constant exchange of large amounts of cash.
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The P.R.C.'s negotiable instruments law: an instrument for facilitating private...
Magazine article from: Houston Journal of International Law Sommers, Amy L. Phillips, Kara L. January 1, 1998 700+ words ...The decision to address negotiable instrument usage in a limited fashion...liability or rights under a negotiable instrument except through the act of...encompasses all those liable on a negotiable instrument, such as the drawer, endorser... |
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Japanese Inventors Develop Negotiable Instrument Processing Apparatus
News Wire article from: US Fed News Service, Including US State News March 15, 2007 700+ words ...payment and an image of the check or negotiable instrument enabling the amount, payee, and...area where text is printed on the negotiable instrument and part of the background of the negotiable instrument. A digital image processor digitizes... |
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Arizona Inventors Develop Negotiable Instrument Authentication System
News Wire article from: US Fed News Service, Including US State News March 19, 2008 700+ words ...method for authenticating a negotiable instrument. According to the U.S...databases for authenticating negotiable instruments comprise receiving...data values associated with a negotiable instrument, the plurality of data values... |
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Colorado Inventors Develop Negotiable-Instrument Fraud Prevention Method
News Wire article from: US Fed News Service, Including US State News July 8, 2006 700+ words ...preventing fraudulent use of negotiable instruments. According to the...a magnetic-ink field of a negotiable instrument. The authentication value is...be used to authenticate the instrument through reapplication of the... |
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Negotiable Instrument Bill.
News Wire article from: UNB - United News of Bangladesh September 11, 2005 700+ words Sangsad Bhaban, Sept 11 (UNB)- A bill was introduced in parliament tonight providing for serving notice on issuer of bank cheque in case it is dishonoured. The bill also seeks measures against abuse of provision for appeal against the punishment in case of dishonouring cheque. Introduced by State |
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Florida Inventor Develops Negotiable Instrument Authenticity Verification System
News Wire article from: US Fed News Service, Including US State News January 17, 2007 700+ words ALEXANDRIA, Va., Jan. 17 -- Terri Page of Miami has developed a system and a method for verifying the authenticity of a check and authorizing payment thereof. According to the U.S. Patent & Trademark Office, the invention relates to a "system and method for verifying the authenticity and |
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New Hampshire Inventors Develop Negotiable Instruments Verification Method
News Wire article from: US Fed News Service, Including US State News November 9, 2006 700+ words ...released by the Patent Office, said: "The negotiable instrument comprises a numeric sequence printed in magnetic...font upside down across the top face of the negotiable instrument for electronic reading by a MICR reader. The... |
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Warehouse Development Bill to make receipts negotiable.
Newspaper article from: Economic Times (New Delhi, India) May 1, 2005 700+ words ...would make warehouse receipts a negotiable instrument, reports Tina Edwin in New...perceived that warehouse receipts as negotiable instruments would reduce transaction...strong case for a system of negotiable warehouse receipts. They have... |
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E-Z rules for negotiable instruments (UCC articles 3 and 4); with other...
Magazine article from: Reference & Research Book News February 1, 2009 700+ words ...9780735571990 E-Z rules for negotiable instruments (UCC articles 3...s Article 3 (dealing with negotiable instruments) and Article 4...Article 3, characteristics of a negotiable instrument, negotiation and endorsement... |
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Colorado Inventor Develops System for Issuing Negotiable Instruments
News Wire article from: US Fed News Service, Including US State News June 13, 2007 700+ words ...card-based system for issuing negotiable instruments to account holders...funds through the issuance of negotiable instruments made payable to...transaction fees and prints a negotiable instrument made payable to the account... |
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negotiable instrument
Book article from: A Dictionary of Business and Management negotiable instrument A document of title that can...which the stated payee of the instrument can negotiate the instrument by either inserting the name...on the reverse. Holders of negotiable instruments cannot pass on a... |
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Negotiable Instrument
Encyclopedia entry from: West's Encyclopedia of American Law NEGOTIABLE INSTRUMENT A commercial paper, such as a check or promissory note, that contains the signature of the maker or drawer; an unconditional... |
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not negotiable
Book article from: A Dictionary of Business and Management not negotiable Words marked on a bill of exchange indicating that it ceases to be a negotiable instrument , i.e. although it can still be...that can be crossed ‘not negotiable’; other forms must have... |
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non-negotiable instruments
Book article from: A Dictionary of Business and Management non-negotiable instruments See negotiable instrument . |
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inchoate instrument
Book article from: A Dictionary of Business and Management inchoate instrument A negotiable instrument in which not all the particulars are given. The drawer of an inchoate instrument can authorize a third party to fill in a specified missing particular. |
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