Negotiable instrument: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson (Classify page.) |
||
(6 intermediate revisions by 2 users not shown) | |||
Line 1: | Line 1: | ||
A promise to pay money which is freely transferable without formality from one person to another. | A promise to pay money which is: | ||
*freely transferable | |||
*without formality | |||
*from one person to another. | |||
So a negotiable instrument can be transfered simply by endorsement or by delivery (depending what type of negotiable instrument it is). | So a negotiable instrument can be transfered simply by endorsement or by delivery (depending what type of negotiable instrument it is). | ||
== See also == | == See also == | ||
Line 11: | Line 17: | ||
* [[Forfaiting]] | * [[Forfaiting]] | ||
* [[Holder in due course]] | * [[Holder in due course]] | ||
* [[Obligor]] | |||
* [[Presentment]] | * [[Presentment]] | ||
* [[Promissory note]] | * [[Promissory note]] | ||
* [[Special endorsement]] | * [[Special endorsement]] | ||
[[Category:Financial_products_and_markets]] |
Latest revision as of 20:23, 1 July 2022
A promise to pay money which is:
- freely transferable
- without formality
- from one person to another.
So a negotiable instrument can be transfered simply by endorsement or by delivery (depending what type of negotiable instrument it is).