Negotiable Instrument
Legal definition for Indian law research
Definition
negotiable instrument
: a transferable instrument (as a note, check, or draft) containing an unconditional promise or order to pay to a holder or to the order of a holder upon issue, possession, demand, or at a specified time [was determined to be a holder in due course of a negotiable instrument] see also bearer, holder in due course
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.