negotiable instrument
121draft — 1 n 1: a preliminary version of something (as a law) 2 a: a system for or act of selecting individuals from a group (as for military service) b: the act or process of selecting an individual (as for political candidacy) without his or her… …
122draw — vb drew, drawn, draw·ing vt 1: to compose by random selection draw a jury 2: to take (money) from a place of deposit 3: to write and sign (a draft) in due form for use in making a demand draw a check …
123order — or·der 1 n 1: a state of peace, freedom from unruly behavior, and respect for law and proper authority maintain law and order 2: an established mode or state of procedure a call to order 3 a: a mandate from a superior authority see also …
124recourse — re·course / rē ˌkōrs, ri kōrs/ n 1 a: the act of turning to someone or something for assistance esp. in obtaining redress b: a means to a desired end esp. in the nature of a remedy or justice; also: the end itself 2: the right or ability to… …
125accommodation party — see party 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. accommodation party …
126payable — Capable of being paid; suitable to be paid; admitting or demanding payment; justly due; legally enforceable. A sum of money is said to be payable when a person is under an obligation to pay it. Payable may therefore signify an obligation to pay… …
127raise — To create; to infer; to create or bring to light by construction or interpretation. To cause or procure to be produced, bred or propagated. To bring together; to get together or obtain for use or service; to gather; to collect; to levy, as to… …
128noting protest — The memorandum, made on the instrument or on some other record, at the time of and embracing the principal facts attending dishonor, the purpose of which memorandum is to have a record from which the instrument of protest may be prepared, so that …
