Terms of the offer
ABSTRACT Negotiable instruments play a crucial role in facilitating commercial transactions by providing a reliable means of transferring rights and obligations between parties. This article provides a comprehensive overview of negotiable instruments, exploring their definition, characteristics, and various types. By examining key examples such as promissory notes, bills of exchange, and checks, we delve into the unique features and functions of each instrument. Furthermore, the article ... Discover the meaning of ' negotiable ,' its etymology, usage in various contexts, synonyms, antonyms, and related terms. Understand how ' negotiable ' is used in legal, financial, and everyday scenarios. If you're told that a price is negotiable , that means you can talk it over until you reach an agreement. So don't start with your highest offer. Negotiable can also mean that a road or path can be used. Since the avalanche, you've found that many of the local roads are no longer negotiable . An area of land that is negotiable is easy to travel across. Parts of the road had been washed away by streams, but it was negotiable .
