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As per the Act Negotiable instrument means _______.

  • As per the Act Negotiable instrument means Document.
  • A  negotiable instrument is a document that represents a legal agreement to pay a specific amount of money to a specific person or entity.
  • It is a type of commercial paper that is used in financial transactions and can be transferred from one person or entity to another.
  • The Negotiable Instruments Act, of 1881, defines a negotiable instrument as "a promissory note, bill of exchange or cheque payable either to order or to bearer."
  • These instruments are often used in business transactions and can be bought and sold like other financial assets.