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what do you mean by negotiable instruments ...please telll me what is it

Hi, Friend
Negotiable Instruments Means is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time. Defined in in the Act of Negotiable Instruments Act,1881
as per that Means is a promissory Note ,Bill of Exchange ,Cheques payable which gives Guarantee for Payment on Specific date .
all the Best My Friend

Dear Friend

Negotiable instruments are transferable signed document that promises a bearer to pay the sum of money at a future date or on a demand.

e.g cheque,bill of exchange or promissory note.

According to the Section 13 of National Instruments act 1881 of India,a negotiable instrument is a promissory note or bill of exchange or cheque payable to a order or a bearer.

Cheque also includes Demand Draft.In other words ,it is a promise of payment of money

Hope the information helps you.If you want to know something more about negotiable instrument then kindly leave your message here giving your query

all the best

aashisranjan784

A negotiable instrument are the documents that guarantee the payment of a specific amount of money, either on demand, or at a set time.


For Example

i) Bills of exchange

ii) Promissory notes.

iii) Cheques.

iv) Banker's Cheque

For more Info..
Check The Folllowing Site

http://en.wikipedia.org/wiki/Negotiable_instrument

Dear,
Negotiable Instruments are those papers or bonds which can be used in future under Negotiable Instrument Act 1881.

A few of Negotiable Instruments are-

>Promissory Notes (example- our currency note)
>Bill of Exchange,
>Cheque etc.

Hi Friend ,

Negotiable Instruments mean , A transferable , signed document that promises to pay the bearer of sum of money at a Future date or on demand.



Examples of Negotiable Instruments which includes are ;

>> CHEQUE .

>> BILLS OF EXCHANGE.

>> PROMISSORY NOTES.

EXAMPLES OF NEGOTIABLE INSTRUMENTS :

HOPE NOW ITS CLEAR TO YOU ...
THANK YOU ..!!

Negotiable Instruments are of great importance in the business world and by extension in banking.They are instruments for making payments and discharging business obligations.

A Negotiable Instrument means a promissory note, bill of exchange or cheque payable either to order or bearer as per u/s 13 of National Instruments Act 1881. This Section does not prohibit any other instrument that satisfies the essential features of portability.