In its current form, the Uniform Commercial Code (“UCC”) does little to accommodate emerging technologies such as cryptocurrencies and non-fungible tokens. In efforts to modernize and adapt the ...

A negotiable instrument is a written promise to pay an individual a stated amount of money. The documents are negotiable because the money goes to whoever holds the note, regardless of who originally ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Commercial paper is a type of short-term investment instrument issued by corporations in order to cover certain types of debt liabilities. Corporations issue commercial paper when they need to cover ...

Negotiable Instruments have played an enduring and pivotal role in the financial landscape. Operating on the principle of irrevocable and unconditional promise to pay along with characteristics of ...

Commercial paper is a form of unsecured debt that allows companies to bypass a traditional lender, according to the SEC. Companies may issue commercial paper when they need to raise money. Commercial ...