![]() |
||||||||||||||||
|
||||||||||||||||
|
Negotiable
NegotiableThat which is capable of being transferred by assignment; a thing, the title to which may be transferred by a sale and indorsement or delivery. RELATED TERMS-------------------------------------- Assignment The release by an afdc recipient of all rights to support arrearages owed the recipient and of the right to receive current child support as the result of the receipt of afdc. Title 1) Estates. A title is defined by Lord Coke to be the means whereby the owner of lands hath the just possession of his property. 2) Legislation That part of an act of the legislature by which it is known, and distinguished from other acts the name of the act. 3) Rights. The name of a newwpaper a book, and the like. Sale Contracts. An agreement by which one of the contracting parties, called the seller, gives a thing and passes the title to it, in exchange for a certain price in current money, to the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such price. Indorsement 1) Criminal law, practice. When a warrant for the arrest of a person charged with a crime has been issued by a justice of the peace of one county, which is to be executed in another county, it is necessary in some states, as in Pennsylvania, that it should be indorsed by a justice of the county where it is to be executed: this indorsement is called backing. 2) Contracts. In its most general acceptation, it is what is written on the back of an instrument of writing, and which has relation to it; an assignment on a promissory note. SIMILAR TERMS-------------------------------------- Negotiate To communicate on a matter of disagreement between two parties, with a view to first listen to the other party's perspective and to then attempt to arrive at a resolution by consensus. Negotiation 1) Contracts The deliberation which takes place between the parties touching a proposed agreement. 2) merc. law. The act by which a bill of exchange or promissory note is put into circulation by being passed by one of the original parties to another person. Negotiorum gestio A civil law term, meaning management of the business of another. Under this principle, a party who voluntarily takes care of the affairs of another person, without any express or implied authority from that person, may claim reimbursement of his necessary and useful expenses, whether he has been successful or not. Negotiorum gestio is therefore the likely origin of the concept of salvage (infra) in maritime law. Negotiorum gestum Contracts. In the civil law, the negotiorum gestor is one who spontaneously, and without authority, undertakes to act for another during his absence, in his affairs. Negotitiable paper Contracts. This term is applied to bills of exchange and promissory notes, which are assignable by indorsement or delivery. PREVIOUS AND NEXT TERMS-------------------------------------- Negative invoicing Using an invoice for a negative amount to cover a theft of a customer payment. The negative invoice is less noticeable than a credit memorandum and usually under less stringent control. A negative invoice is a symptom of possible theft. Negative pregnant Pleading. Such form of negative expression, in pleading, as may imply or carry within it an affirmative. Negative statute One which is enacted in negative terms, and which so controls the common law, that it has no force in opposition to the statute. Negligence Contracts, torts. When considered in relation, to contracts, negligence may be divided into various degrees, namely, ordinary, less than ordinary, more than ordinary. Negligent escape The omission to take such a care of a prisoner as a gaoler is bound to take, and in consequence of it, the prisoner departs from his confinement, without the knowledge or consent of the gaoler, and eludes pursuit. Negotiable Negotiate To communicate on a matter of disagreement between two parties, with a view to first listen to the other party's perspective and to then attempt to arrive at a resolution by consensus. Negotiation 1) Contracts The deliberation which takes place between the parties touching a proposed agreement. 2) merc. law. The act by which a bill of exchange or promissory note is put into circulation by being passed by one of the original parties to another person. Negotiorum gestio A civil law term, meaning management of the business of another. Under this principle, a party who voluntarily takes care of the affairs of another person, without any express or implied authority from that person, may claim reimbursement of his necessary and useful expenses, whether he has been successful or not. Negotiorum gestio is therefore the likely origin of the concept of salvage (infra) in maritime law. Negotiorum gestum Contracts. In the civil law, the negotiorum gestor is one who spontaneously, and without authority, undertakes to act for another during his absence, in his affairs. Negotitiable paper Contracts. This term is applied to bills of exchange and promissory notes, which are assignable by indorsement or delivery. We thank you for using the Juridical Dictionary to search for Negotiable. If you have a better definition for Negotiable than the one presented here, please let us know by making use of the suggest a term option. This definition of Negotiable may be disputed by other professionals. Our attempt is to provide easy definitions on Negotiable and any other medical topic for the public at large.
|
|||||||||||||||
| © Juridical Dictionary 2005. All rights reserved. | ||||||||||||||||