Negotiable Instruments

Introduction to Negotiable Instruments

Negotiable Instruments, in law, contracts in writing that are transferable by endorsement or by delivery and to which the holder takes title free from any defenses or objections to their validity that might have been good against the transferor. As defined under laws enacted in all states of the U.S., they include promissory notes and bills of exchange. In order to be negotiable, an instrument must meet several qualifications: it must be in writing; it must contain an unconditional promise to pay a certain sum in money, on demand or at a fixed and determinable future time; it must be made payable to bearer or order; and it must be signed by the maker of a promissory note or the drawer of a bill of exchange.

Negotiable Instruments regarding Banking Law

This content deals with legal and regulatory aspects of Negotiable Instruments covered in connexion with financial law and banking / lending Institutions.

Negotiable Instruments

Resources

See Also

• Commercial paper
• Negotiation

Resources

Notes and References

• Information about Negotiable Instruments in the Encarta Online Encyclopedia

Guide to Negotiable Instruments

The Legal History of Negotiable Instruments (Wertpapiere)

This section provides an overview of Negotiable Instruments (Wertpapiere)

Resources

See Also

• Legal Biography
• Legal Traditions
• Historical Laws
• History of Law

Further Reading

• Negotiable Instruments (Wertpapiere) in the Oxford International Encyclopedia of Legal History (Oxford University Press)
• The Oxford Encyclopedia of American Political and Legal History (Oxford University Press)
• Negotiable Instruments (Wertpapiere) in the Dictionary of Concepts in History, by Harry Ritter
• A Short History of Western Legal Theory, by John Kelly

The Legal History of Negotiable Instruments in Islamic Law

This section provides an overview of Negotiable Instruments in Islamic Law

Resources

See Also

• Legal Biography
• Legal Traditions
• Historical Laws
• History of Law

Further Reading

• Negotiable Instruments in Islamic Law in the Oxford International Encyclopedia of Legal History (Oxford University Press)
• The Oxford Encyclopedia of American Political and Legal History (Oxford University Press)
• Negotiable Instruments in Islamic Law in the Dictionary of Concepts in History, by Harry Ritter
• A Short History of Western Legal Theory, by John Kelly