Search results
Results from the WOW.Com Content Network
A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, whose payer is usually named on the document. Learn about the concept, history, and types of negotiable instruments, and how they are distinguished from other contracts.
A demand draft (DD) is a negotiable instrument similar to a bill of exchange or a cheque, issued by a bank to pay a certain sum to a specified party. Learn about the differences, advantages and disadvantages of DDs compared to other payment methods, and the regulations by region.
A substitute check is a digital reproduction of an original paper check that can be used as a legal check under the Check 21 Act. Learn about the specifications, standards, requirements, and clearing process of substitute checks in the U.S.
A cheque is a document that orders a bank to pay money from a person's account to the person in whose name the cheque has been issued. Learn about the origins, spelling, and evolution of cheques as a payment system, from ancient times to the present day.
Learn about the history, types, structure and amendments of the Indian law governing negotiable instruments such as promissory notes, bills of exchange and cheques. Find out the latest developments and controversies on cheque bouncing and dishonour under the Act.
A bearer instrument is a document that entitles the holder to rights of ownership or title to the underlying property, such as shares or bonds. Bearer shares are anonymous, transferable by physical delivery, and have been used for tax evasion, money laundering, and offshore financial centers.
A warrant of payment is a written order to pay a specified amount of money or supply goods at a specific date. Learn about the history, types, and uses of warrants in finance, government, and securities.
Blank endorsement is a type of endorsement of a negotiable instrument, such as a cheque, that makes it payable to the bearer. Learn the legal and business implications of blank endorsement, its spelling variations, and related terms.