not negotiable

not negotiable
Words marked on a bill of exchange indicating that it ceases to be a negotiable instrument, i.e. although it can still be negotiated, the holder cannot obtain a better title to it than the person from whom it was obtained, thus providing a safeguard if it is stolen. A cheque is the only form of bill that can be crossed ‘not negotiable’; other forms must have it inscribed on their faces.

Accounting dictionary. 2014.

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  • Not Negotiable — is a 1918 British silent crime film directed by Walter West and starring Julian Royce, Manora Thew and Gregory Scott.[1] Cast Julian Royce ... John Carslake Manora Thew ... Dorothy Saville Gregory Scott ... Claude Saville Hubert Woodward ...… …   Wikipedia

  • not negotiable — Words marked on a bill of exchange indicating that it ceases to be a negotiable instrument, i. e. although it can still be negotiated, the holder cannot obtain a better title to it than the person from whom it was obtained, thus providing a… …   Big dictionary of business and management

  • not negotiable — words often written on crossed cheques, which do not prevent the cheque from being transferred. See account payee only. Glossary of Business Terms …   Financial and business terms

  • not negotiable — /nɒt nəˈgoʊʃəbəl / (say not nuh gohshuhbuhl) adjective (of a cheque) having been crossed, indicating that the person to whom it is given has no better title to it than the person had from whom it was received; popularly and inaccurately held to… …  

  • not negotiable — Lacking the character of negotiability. See nonnegotiable instrument …   Ballentine's law dictionary

  • Negotiable instrument — A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time. According to the Section 13 of the Negotiable Instruments Act, 1881 in India, a negotiable instrument means a… …   Wikipedia

  • Negotiable Instruments Act, 1881 — The Negotiable Instruments Act, 1881 An Act to define and Law relating to Promissory Notes, Bills of Exchange and cheques. Citation Act No. 26 of 1881 …   Wikipedia

  • negotiable — Salable. American Banker Glossary A security whose title is transferable by delivery . See also: negotiable instrument. Bloomberg Financial Dictionary * * * negotiable ne‧go‧ti‧a‧ble [nɪˈgəʊʆiəbl, ʆə ǁ ˈgoʊ ] adjective 1. BANKIN …   Financial and business terms

  • negotiable — /nɪ gəυʃiəb(ə)l/ adjective 1. which can be transferred from one person to another or exchanged for cash ♦ not negotiable which cannot be exchanged for cash ♦ ‘not negotiable’ words written on a cheque to show that it can be paid only to a… …   Dictionary of banking and finance

  • negotiable — [[t]nɪgo͟ʊʃəb(ə)l[/t]] 1) ADJ Something that is negotiable can be changed or agreed when people discuss it. He warned that his economic programme for the country was not negotiable... The Manor is for sale at a negotiable price. Ant: fixed 2) ADJ …   English dictionary

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