The bonds were negotiable, and afford us the earliest instance of the issue of government stock.
Hence "to cash" means to convert cheques and other negotiable instruments into coin.
Maybe that was why having children had been such a non-negotiable part of her plan for the future.
Hungary, on the other hand, striving for access to the money markets of the West, desired that the obligation of the Austro-Hungarian Bank to cash its notes should be explicitly mentioned in the law, in order to make the public loans rank as easily negotiable securities on foreign bourses.
For notes of hand or promissory notes see Negotiable Instru Ments and Bill Of Exchange, and for notes passing as currency see Banks And Banking, Bank-Note and Post.
Days of grace are abolished in many of the seventeen states in which the Negotiable Instruments law has been enacted.
A small debt 2 (at the close of 1906, $4,398,839) is carried in the form of non-negotiable state certificates of indebtedness issued in exchange for money taken from the educational funds of the state, and is intended as a permanent obligation to those funds.