What are negotiable instruments?

Answer by  Joekintyhtt (32)

Negotiable instruments are paper monies or transferable currancy. It could also be something of value such as gold or silver used to pay debts or for barter or trade.

Answer by  Ginny (2251)

A document that guarantees payment of a set amount of money, either on demand or at a specific time. It can be a promissory note, a bill of exchange or a check. Bills of exchange are similar to a check and not much in use today. When they are, they are mostly used in international trade.