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Negotitiable paper
Negotitiable paperContracts. This term is applied to bills of exchange and promissory notes, which are assignable by indorsement or delivery. RELATED TERMS-------------------------------------- Term 1) Construction. Word; expression speech. 2) Contracts. This word is used in the civil, law to denote the space of time granted to the debtor for discharging his obligation; there are express terms resulting from the positive stipulations of the agreement; as, where one undertakes to pay a certain sum on a certain day and also terms which tacitly result from the nature of the things which are the object of the engagement, or from the place where the act is agreed to be done. For instance, if a builder engage to construct a house for me, I must allow a reasonable time for fulfilling his engagement. 3) Estates. The limitation of an estate, as a term for years, for life, and the like. The word term does not merely signify the time specified in the lease, but the estate also and interest that passes by that lease; and therefore the term may expire during the continuance of the time, as by surrender, forfeiture and the like. 4) Practice. The space of time during which a court holds a session; sometimes the term is a monthly, at others it is a quarterly period, according to the constitution of the court. Notes Practice. Short statements of what transpires on the trial of a cause; they are generally made by the judge and the counsel, for their Own satisfaction 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-------------------------------------- Negotiable That which is capable of being transferred by assignment; a thing, the title to which may be transferred by a sale and indorsement or delivery. 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. PREVIOUS AND NEXT TERMS-------------------------------------- Negotiable That which is capable of being transferred by assignment; a thing, the title to which may be transferred by a sale and indorsement or delivery. 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 Neif Old English law. A woman who was born a villain, or a bond woman. Nemine contradicente Legislation. These words, usually abbreviated nem. con., are used to signify the unanimous consent of the house to which they are applied. In England they are used in the house of commons; in the house of lords, the words to convey the same idea are nemine dissentiente. Nemo dat quod non habet (United Kingdom) No one can give a better title than he has. Nemo judex in causa sua "No one may be judge in his own case", referring to the principle of natural justice that an adjudicator should be disinterested and unbiased. Canada). Nemo judex in parte sua Latin and a fundamental principle of natural justice which states that no person can judge a case in which he or she is party. May also be called nemo judex in sua causa or nemo debet esse judex in propria causa. We thank you for using the Juridical Dictionary to search for Negotitiable paper. 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