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Harshita Banthia from HOLY CROSS SR SEC SCHOOL, asked a question
Subject: Social Science , asked on 8/10/11

 what do you mean by negotiable instruments?


saurav.ghosh , Meritnation Expert added an answer, on 13/10/11

A document that guarantees the payment of a specific amount of money through demand or after stipulated time is known as a negotiable instrument. Promissory note, cheque and bill of exchange are three forms of negotiable instruments.

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