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Negotiable instrument

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(Querist)
20 January 2014 what is negotaible instrument?? pls explain with example and in understandable way ???
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@VaibhavJ

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@VaibhavJ (Expert)
20 January 2014 Hi,

It means cheque, promissory note, bill of exchange, security, or any document representing money payable which can be transferred to another by handing it over and/or by endorsing it.

Thanks

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