Practical Law Glossary Item 7-382-3548 (Approx. 2 pages)
Glossary
Instruments
Defined in the UCC as a negotiable instrument or any other writing that evidences a right to the payment of a monetary obligation, is not itself a security agreement or lease, and is of a type that in ordinary course of business is transferred by delivery with any necessary indorsement or assignment. The term does not include: