negotiable instrument

1. 1.

   an unconditional order or promise to pay an amount of money

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Questions about negotiable instrument

What does negotiable instrument mean?

negotiable instrument means "an unconditional order or promise to pay an amount of money".

Is negotiable instrument a common word?

negotiable instrument is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.