Examlex
One of the most common components of an HRIS system is performance management.
Negotiable Document
A document guaranteeing the transfer of certain rights which can be transferred from one party to another through endorsement or delivery.
Nonnegotiable Document
A legal or official document whose terms and conditions cannot be altered or bargained over.
Good-Faith Purchaser
A buyer who purchases property without knowledge of any claims, liens, or encumbrances on the property.
Good Title
Legal terminology indicating that a property is owned free and clear of any liens, encumbrances, or legal questions concerning the ownership.
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