- note negotiability
- ability to immediately transfer ownership of a promissory note to another person
English contemporary dictionary. 2014.
note negotiability
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promissory note — A contract in writing for the payment of money, usually with the added feature of negotiability. Annis v Pfeiffer, 278 Mich 692, 271 NW 568; Sabine v Leonard (Mo) 322 SW2d 831. A term used interchangeably with note. Shawano Finance Corp. v Julius … Ballentine's law dictionary
negotiable note — A promissory note having all the requisites of negotiability. Graphically, a courier without luggage, whose countenance is its passport. See negotiable instrument … Ballentine's law dictionary
indorsement — /andorsmant/ The act of a payee, drawee, accommodation indorser, or holder of a bill, note, check, or other negotiable instrument, in writing his name upon the back of the same, with or without further or qualifying words, whereby the property in … Black's law dictionary
indorsement — /andorsmant/ The act of a payee, drawee, accommodation indorser, or holder of a bill, note, check, or other negotiable instrument, in writing his name upon the back of the same, with or without further or qualifying words, whereby the property in … Black's law dictionary
Negotiable instrument — A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time. According to the Section 13 of the Negotiable Instruments Act, 1881 in India, a negotiable instrument means a… … Wikipedia
literature — /lit euhr euh cheuhr, choor , li treuh /, n. 1. writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays. 2.… … Universalium
negotiable instrument — Literally, an instrument having the transferable quality known as negotiability. An instrument, constituting a valid contract, for the payment of money in a certain, definite sum, to order or bearer, on demand, at sight, or in a certain time, or… … Ballentine's law dictionary
History of banking — The first banks were the merchants of the ancient world that made loans to farmers and traders that carried goods between cities. The first records of such activity dates back to around 2000 BC in Assyria and Babylonia. Later, in ancient Greece… … Wikipedia
given as collateral security with agreement — A means of referring in a bill of exchange or promissory note to an extrinsic contract, thereby depriving the bill or note of negotiability. Toledo Scale Co. v Gogo, 186 Mich 442, 152 NW 1046 … Ballentine's law dictionary
indorsement — Literally, as derived from the Latin indorsa, a writing on the back; employed in common as well as legal usage to designate the transaction whereby the holder of a bill or note transfers his right to such instrument to another person and incurs… … Ballentine's law dictionary
