Vocab Bloom Hub

negotiable instrument

/nɪˈɡəʊʃiəbəl ˈɪnstrəmənt/

Traducción: Documento legal formal firmado que promete el pago a una persona determinada o al portador, como un cheque, un pagaré o una letra de cambio, y que puede transferirse a otra parte.

1 entrada

phrase

/nɪˈɡəʊʃiəbəl ˈɪnstrəmənt/C1formallegal
  • esDocumento legal formal firmado que promete el pago a una persona determinada o al portador, como un cheque, un pagaré o una letra de cambio, y que puede transferirse a otra parte.

A formal legal term for a signed document that promises payment to a specified person or the bearer, such as a check, promissory note, or bill of exchange, which can be transferred to another party.

  1. Transferable financial documentC1formal

    A written document that guarantees the payment of a specific amount of money, either on demand or at a set time, and can be transferred from one person to another.

    esInstrumento negociable

    • A check is a common type of negotiable instrument.
    • Promissory notes are considered negotiable instruments under the law.
    • The bank accepted the negotiable instrument as collateral for the loan.