Examlex
A theory, in the fields of science and law, means a good guess.
Commercial Paper
An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories, and meeting short-term liabilities.
Negotiable
Able to be bargained or exchanged with flexibility, often used in the context of financial instruments or agreements.
Instrument
A formal legal document that records a legally enforceable act, transaction, or agreement.
Bearer Instrument
A negotiable financial instrument that denotes ownership to whoever physically holds it.
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