Negotiable Instrument

Example Definitions of "Negotiable Instrument"
Negotiable Instrument. A document or instrument (whether in written or electronic form) that meets all of the requirements of a negotiable instrument under the Uniform Commercial Code as enacted in each jurisdiction where BofA provides services to Company pursuant to this Agreement, which is used for purposes of completing a "quasi-cash" transaction under the applicable Operating Rules and MCCs that govern such "quasi-cash" transactions
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