Examples of Negotiable Instruments

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Some examples of negotiable financial instruments are cash, bearer bonds and numismatic coins. Find out how negotiable financial instruments have fixed values with information from a registered financial consultant in this free video on personal finance and money management.

Part of the Video Series: Personal Finances & Money Management
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Video Transcript

This is financial adviser Patrick Munro talking about examples of negotiable instruments. What we mean to say is negotiable financial instruments. The most negotiable financial instrument on the planet is cash. It's negotiable for goods and services and it has a fixed value to it. There are also negotiable bearer bonds, bearer bonds are bonds that have money valued to them and they can be redeemed for cash value at financial institutions by the person that just brings them to the institution. In other words, there's no name on the bond. That's why they're called bearer bonds. They're usually rare nowadays because of the fact of a crime, especially cyber crime, but nevertheless they do exist. Also, negotiable instruments are numismatic coins, coins that have a very basic value under the coinage system and if they are gold as well and the institution has the ability to weight the troy ounces of that gold and has access to the price of gold, they can be negotiable for the value of their instrument. This is Patrick Munro, financial adviser, talking about examples of negotiable instruments.

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