Examlex
Distinguish between a firm's capital budgeting decisions and its financing decisions by giving examples of each.
Transfer
The act of moving or conveying property, title, or rights from one entity or person to another.
Negotiable Instrument
A document in writing that ensures the payment of a certain sum of money, either when requested or at a predetermined date, with the document explicitly naming the individual responsible for payment.
Holder in Due Course
A party who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defects in the instrument and previous parties.
Payable on Demand
A financial term indicating that a debt or other financial obligation is due for payment as soon as the lender requests it.
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