Examlex
What is the meaning of the suffix -spasm?
Promissory Note
A financial instrument that contains a written promise by one party to pay another party a definite sum of money, either on demand or at a specified future date.
Maturity Date
The specified date on which the principal amount of a financial instrument, such as a bond, loan or fixed deposit, is due to be repaid.
Negotiability
The quality of being transferable by endorsement or delivery so as to enable the holder to pass title to a third party.
Cashier's Check
A bank-issued check that is drawn from the bank's own funds and signed by a cashier, commonly used for significant transactions requiring guaranteed funds.
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