Negotiable means open to discussion or exchange for cash or goods. Learn about the different types of negotiable instruments, such as checks, CDs, and promissory notes, and how they differ from non- negotiable ones. Legal Terms Dictionary negotiable - Meaning in Law and Legal Documents, Examples and FAQs Negotiable means that a financial document, like a check or a promissory note, can be easily transferred to someone else, allowing them to claim the money or rights it represents. In normal language you would also say " transferable " instead of " negotiable " ABSTRACT Negotiable instruments play a crucial role in facilitating commercial transactions by providing a reliable means of transferring rights and obligations between parties. This article provides a comprehensive overview of negotiable instruments, exploring their definition, characteristics, and various types. By examining key examples such as promissory notes, bills of exchange, and checks, we delve into the unique features and functions of each instrument. Furthermore, the article ... NEGOTIABLE meaning: 1. able to be discussed or changed in order to reach an agreement: 2. A cheque that is not…. Learn more.
