Negotiable Instruments 1 : A document (such as a bank draft, promissory note, check, or bill of lading) transferable from one party to another in good faith, for a consideration.
Association of Marine Underwriters of San Francisco (AMUSF), Glossary of Marine Insurance and Shipping Terms, http://www.amusf.com/Definitions_A.htm, CA, USA 2011. (Mrtm Insur and Shipping - Amer) {575}