negotiation of instrument
- negotiation of instrument
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The transfer of a negotiable bill or note by a first or subsequent holder to a successor holder. 11 Am J2d B & N §§ 309, 310. The transfer of a negotiable instrument from one person to another in such manner as to constitute the transferee the holder thereof. Uniform Negotiable Instruments Law § 30. To indorse and deliver a bill or note to another so that the right of action thereon shall pass to the indorsee or holder. Weckler v First Nat. Bank, 42 Md 581. The transfer of a negotiable instrument in such manner as to preserve independence of equities on the part of the holder receiving it. 11 Am J2d B & N § 312. The transfer of a bill, note or any instrument in such form that the transferee becomes a holder. UCC § 3-202(1), and Comment 1. The transfer of a negotiable instrument in due course. Edgar v Haines, 109 Ohio St 159, 141 NE 837, 38 ALR 795.
There can be no "negotiation" of a nonnegotiable instrument. Tool v Anderson, 116 Ind 88, 18 NE 445.
Ballentine's law dictionary.
Anderson, W.S..
1998.
Look at other dictionaries:
negotiation — I noun arbitrament, arbitration, bargaining, compromise, conference, conloquium, consultation, contract talks, deliberation, dickering, diplomacy, discussion, exchange of views, haggling, mediation, parley, summitry, treaty making associated… … Law dictionary
negotiation — /nagows(h)iyeyshan/ The transfer of an instrument in such form that the transferee becomes a holder. If the instrument is payable to order it is negotiated by delivery with any necessary indorsement; if payable to bearer it is negotiated by… … Black's law dictionary
negotiation — /nagows(h)iyeyshan/ The transfer of an instrument in such form that the transferee becomes a holder. If the instrument is payable to order it is negotiated by delivery with any necessary indorsement; if payable to bearer it is negotiated by… … Black's law dictionary
negotiation — In finance, the transfer of a check, promissory note, bill of exchange or other negotiable instrument from one party to another for money, goods, services or other benefit … Business 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 — noun A right to receive payment of money which is unconditional (sometimes excepting loss or theft) and capable of transfer by negotiation … Wiktionary
partial negotiation — An attempt to transfer, by endorsement of a bill or note, a part only of the amount payable, or an attempt to transfer the instrument to two or more indorsees severally. 11 Am J2d B & N § 320 … Ballentine's law dictionary
negotiate — To effect a negotiation. To attempt to effect the negotiation of a contract. See negotiation of contract; negotiation of instrument … Ballentine's law dictionary
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diplomacy — /di ploh meuh see/, n. 1. the conduct by government officials of negotiations and other relations between nations. 2. the art or science of conducting such negotiations. 3. skill in managing negotiations, handling people, etc., so that there is… … Universalium
