Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “negotiable instrument”

negotiable instrument

noun [C]    
MONEY a written order or promise to pay a fixed amount of money on demand or at a particular time, for example, a cheque or banknote: Payment could be made without the transfer of currency, and negotiable instruments acted as a means of credit.
STOCK MARKET, FINANCE an investment that can be traded on a financial market: When bonds and shares are treated as negotiable instruments, an innocent holder for value may often acquire a better title than his predecessor had.
(Definition of negotiable instrument noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of negotiable instrument

Word of the Day

limber up

to do gentle exercises to stretch the muscles in order to prepare the body for more active physical exercise

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More