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词汇 negotiable instrument
释义 `1`negotiable instrument`2`
"LAW.COM Dictionary":

n. check, promissory note, bill of exchange, security or any document representing money payable which can be transferred to another by handing it over (delivery) and/or endorsing it (signing one's name on the back either with no instructions or directing it to another, such as "pay to the order of Pamela Townsend").

See also: bearer paper bill of exchange check
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