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The Concept of Negotiability

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Part of the Macmillan Master Series book series (MMSB)


The term ‘negotiability’ is applied to instruments used to transfer money — such as bills of exchange, cheques, promissory notes, dividend warrants, bearer debentures, and Treasury bills. These instruments are in fact called ‘negotiable instruments’.

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© 1985 Desmond Whiting

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Whiting, D.P. (1985). The Concept of Negotiability. In: Mastering Banking. Macmillan Master Series. Palgrave, London.

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