certificate of deposit
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 54 U.S. 218 - Henry Miller, in Error v. David Austen, William S. Wilmerding, and David Austen, Jr. · 1851Most cited · 37 citing opinions
negotiability
The established doctrine is, that a promise to deliver, or to be accountable for, so much money, is a good bill or note. Here the sum is certain, and the promise direct. Every reason exists why the indorser of this paper should be held responsible to his indorsee, that can prevail in cases where the paper indorsed is in the ordinary form of a promissory note.
How often courts cite the cases defining “certificate of deposit”
Court decisions citing the 2 opinions that defined “certificate of deposit” — 39 in all, by decade. Counts are citations to the defining cases as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 2 definitions, chronological · 1851–1858
the certificate of deposit so delivered to Hood was in effect money, and came within the authority to borrow money