negotiable document of title

A document of title providing by its terms that the goods are to be delivered to bearer or to the order of a named person or, where recognized in overseas trade, that runs to a named person or assigns. U.C.C. No. 7-104(1)

Black's law dictionary. . 1990.

Look at other dictionaries:

  • negotiable instrument — A document of title that can be freely negotiated (see negotiability). Such documents are cheques and bills of exchange, in which the stated payee of the instrument can negotiate the instrument by either inserting the name of a different payee or …   Accounting dictionary

  • negotiable instrument — A document of title that can be freely negotiated (see negotiability). Such documents are cheques and bills of exchange, in which the stated payee of the instrument can negotiate the instrument by either inserting the name of a different payee or …   Big dictionary of business and management

  • negotiable — Salable. American Banker Glossary A security whose title is transferable by delivery . See also: negotiable instrument. Bloomberg Financial Dictionary * * * negotiable ne‧go‧ti‧a‧ble [nɪˈgəʊʆiəbl, ʆə ǁ ˈgoʊ ] adjective 1. BANKIN …   Financial and business terms

  • negotiable instrument — Fin a document of title which can be freely traded, such as a bill of exchange or other certificate of debt …   The ultimate business dictionary

  • negotiable instrument — n: a transferable instrument (as a note, check, or draft) containing an unconditional promise or order to pay to a holder or to the order of a holder upon issue, possession, demand, or at a specified time was determined to be a holder in due… …   Law dictionary

  • title — ti·tle n [Anglo French, inscription, legal right, from Old French, from Latin titulum inscription, chapter heading, part of the law that sanctions an action] 1 a: the means or right by which one owns or possesses property; broadly: the quality of …   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

  • Negotiable Instrument — A document that promises payment to a specified person or the assignee. The payee (the person who receives the payment) must be named or otherwise indicated on the instrument. A check is considered a negotiable instrument. This type of instrument …   Investment dictionary

  • Negotiable Bill Of Lading — A contract of carriage that can be transferred to a third party. A straight or uniform bill of lading, in contrast, may not by transferred and is only deliverable to the named consignee (recipient). Like any bill of lading, the negotiable bill of …   Investment dictionary

  • non-negotiable — Not negotiable; not capable of passing title or property by indorsement and delivery. Any document of title that is not a negotiable document. An instrument which may not be transferred by indorsement and delivery or by delivery alone, though it… …   Black's law dictionary

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