Negotiable Instrument

C1 16+

Pronunciation: /nɪˈɡoʊʃiəbəl ˈɪnstrəmənt/

Definitions of negotiable instrument

noun a written document that promises to pay a specific amount of money to a designated person or entity

Example Sentences

A1 A negotiable instrument is a document guaranteeing the payment of a specific amount of money.

A2 I learned about negotiable instruments in my finance class.

B1 When purchasing a car, a negotiable instrument like a check or promissory note is often used for payment.

B2 The bank accepted the negotiable instrument as payment for the loan.

C1 Negotiable instruments play a crucial role in the financial industry for facilitating transactions.

C2 Understanding the legal implications of negotiable instruments is essential for financial professionals.

Examples of negotiable instrument in a Sentence

formal A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time.

informal I need you to sign this negotiable instrument before I can release the funds.

slang Make sure you have that negotiable thingy signed before you try to cash it.

figurative Trust is like a negotiable instrument - once it's broken, it's hard to restore its value.

Grammatical Forms of negotiable instrument

plural

negotiable instruments

comparative

more negotiable

superlative

most negotiable

present tense

negotiates

future tense

will negotiate

perfect tense

has negotiated

continuous tense

is negotiating

singular

negotiable instrument

positive degree

negotiable

infinitive

to negotiate

gerund

negotiating

participle

negotiated

Origin and Evolution of negotiable instrument

First Known Use: 1601 year
Language of Origin: Latin
Story behind the word: The term 'negotiable instrument' originated from Latin roots, specifically from the word 'negotiari' meaning to carry on business.
Evolution of the word: Originally used in the context of business transactions, the term 'negotiable instrument' has evolved to encompass a wide range of financial instruments that can be transferred from one party to another, such as checks, promissory notes, and bills of exchange.