negotiable instrument
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 74 U.S. 392 - Railroad Company v. Howard · 1868Most cited · 163 citing opinions
Written contracts are not necessarily negotiable simply because by their terms they enure to the benefit of the bearer. Doubtless the certificates were assignable, and they would have been so if the word bearer had been omitted, but they were not negotiable instruments in the sense supposed by the appellants. Holders might transfer them, but the assignees took them subject to every equity in the hands of the original owner.
How often courts cite the case defining “negotiable instrument”
Court decisions citing the opinion that defined “negotiable instrument” — 162 in all, by decade. Counts are citations to the defining case 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.