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 from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of negotiable instrument?
Add Cambridge dictionaries to your browser to your website

Word of the Day

maiden

a girl or young woman

Word of the Day

Countability – grammar codes

by Dom Glennon​​,
November 26, 2014
Advices and informations Have you ever noticed strange codes in square brackets on entries in Cambridge Dictionaries Online and wondered what they mean? These are grammar codes, giving you a brief summary of how that word behaves grammatically. More information can be obtained by hovering your cursor over the code, and there’s

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More