A negotiable instrument is one that can be bought and sold after being issued - in other words, it is a tradeable instrument. Negotiability is a prerequisite of secondary markets.
Something that can be sold or transferred to another party in exchange for money or as settlement of a obligation.
Refers to a document that is transferable (and could give title) from one party to another.
A security whose title is transferable by delivery . See also: Negotiable instrument.
Capable of being transferred by indorsement; assignable or transferable in the ordinary course of business.
The ability to transfer ownership of a security without the need to secure the permission of the issuer.
This refers to the right to transfer by endorsement and delivery. A check made payable to you is a negotiable instrument; you can endorse and it transfer it to another.
A document that can be used to claim title to the cargo, as in a "negotiable instrument."
If a document or instrument allows for money or title to be transferred simply by delivery, endorsement or by both.
Quality belonging to a document of being able to transfer ownership of money, goods, or other items of value specified in the document by endorsement and/or delivery of the document. Checks, drafts, promissory notes, bonds, stock certificates, bills of lading, and warehouse receipts are examples of documents often issued in negotiable form.
capable of being passed or negotiated; "a negotiable road"
able to be negotiated or arranged by compromise; "negotiable demands"; "the proposal is still on the table"
legally transferable to the ownership of another; "negotiable bonds"
That species of property which can be transferred by endorsement and delivery.
Terms used to describe a valid (negotiable) or invalid (non-negotiable) document of title. Usually used when referring to Bills of Lading - a negotiable bill is a valid document of title, while a non-negotiable bill is not.
Able to be transferred or assigned, in place of money, in the ordinary course of conducting business.... read full article
Used in documentary credits as an alternative to the word "payable" and meaning payable in a bank other than the issuing bank; also used about original copies of a bill of lading
In terms of documents, 'negotiable' means that e.g. a Bill of Lading is handed over/transferred in the right manner (viz. proper endorsement) to another person either endorsed in blank or endorsed to a person and that person acquires, by this transfer certain rights vies-?is the goods e.g. is entitled to take possession of the goods.
Anything that can be sold or transferred to another for money or as payments of a debt.
Capable of being legally transferred by endorsement from one person to another, such endorsement carrying with it, without written provisions, implications of certain contractual obligations.
Usually used with regard to Bills of Lading: a negotiable B/L is a valid document of title, while a non-negotiable B/L is not - the beneficiary of a DC (the exporter) may send the importer a non-negotiable B/L for information.
Open to discussion and bargaining; something in which the title can easily be transferred to another person.
A security whose title is transferable by delivery; a security which can be sold.
Refers to a security, the title to which is transferable by delivery.
A feature of a security that enables the owner to transfer ownership or title. A non-negotiable instrument has no value.
Able to be sold or transferred to another party as payment of an obligation .
A certificate that is transferable by delivery and which, in the case of a registered certificate, has been duly endorsed and guaranteed. Transferable from one party to another.
A security that can be sold--that is, the ownership is transferable by delivery of a security. See: Delivery; Good Delivery Of Securities
Legally capable of being transferred by endorsement or delivery.
Able to be changed through discussions and modifications. Alternately, something that is legally transferred to another by endorsement or proper delivery.
1. A term relating to the price of a good or security which is not firmly established. 2. A term relating to a good or security whose ownership is easily transferable from one party to another.
A promissory note, or similar instrument, is said to be negotiable if title to the instrument, and the money it represents, can be transferred by mere endorsement and delivery by the holder, or by delivery only.