Negotiable - Law Dictionary Search Results
Giving notice in writing
Act, containing ss. 138 to 142, was inserted in the Act as per Banking Public Financial Institution and Negotiable Instruments Laws (Amendment) Act, 1968. When the legislature contemplated that notice in writing should be given to the
bank
interest rate collecting bank : a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial bank : a bank organized chiefly to handle
Payee
Payee, means person named in a negotiable instru-ment, to whom or to whose order the money is, by the instrument, directed to be paid, Negotiable
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Holder in due course
& 46 Vict. c. 61), s. 29. A person who in good faith has given value for a negotiable instrument that is complete and regular on its face, is not overdue, and, to the possessor's knowledge has
note
note : a note payable on demand compare time note in this entry floating rate note : a negotiable note that yields an indexed and periodically adjusted variable rate of interest called also floater hand note :
defense
is liable compare complete defense in this entry b : a basis upon which an obligor of a negotiable instrument may avoid liability under the instrument personal defense : a defense of an obligor under a negotiable
cancel
for a court to find that there was an intent to cancel it. b : to make (a negotiable instrument) unenforceable esp. by purposely marking through or otherwise marring the words or signature of NOTE: As stated
treaty
from Latin, handling, treatment, from tractare to treat, handle] 1 : the action of treating and esp. of negotiating 2 : an agreement or arrangement made by negotiation: as a : private treaty b : a contract
Commission Agent or Broker
Excise Act, 1944 (1 of 1944), s. 2 (aaa)] In commerce, the order by which anyone traffics or negotiates for another; also, and much more frequently, the percentage given to factors or agents for transacting the business
Overdue
(2), (3), and (4) of the (English) Bills of Exchange Act, 1882:- (2) where an overdue bill is negotiated, it can only be negotiated subject to any defect of title affecting it its maturity, and thenceforward no
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