Negotiable Instrument

Negotiable Instrument in International Trade

Meaning of Negotiable Instrument, according to the Dictionary of International Trade (Global Negotiator): A written document that can be used to transfer the rights embodied in it by mere delivery (in the case of instruments made out to bearer) or by endorsement and delivery (in the case of instruments made out to order). Some instruments, such as the bill of exchange and the cheque, are negotiable unless their negotiability is explicitly, while the bill of lading is negotiable only if made negotiable by the shipper.

In relation to Inter-American Treaties, Conventions and Agreements adopted within the framework of the OAS

The Organization of American States (a list of Members of the Organization of American States is here) adopted the following international instruments, in the context of International Private Law, regarding Negotiable Instruments:

Inter-American Convention on Conflict of Laws Concerning Checks
Inter-American Convention on Conflict of Laws Concerning Checks
Inter-American Convention on Conflict of Laws concerning Bills of Exchange, Promisory Notes, and Invoices

Hierarchical Display of Negotiable instrument

Finance > Monetary economics > Money market > Money > Deposit money
Finance > Monetary economics > Money market > Credit
Finance > Monetary economics > Money market > Commercial law > Law on negotiable instruments