Negotiable instruments are one of the most important topics in finance, commerce, and banking. They are written documents that guarantee the payment of a specific sum of money either on demand or at a fixed future date. Understanding the different types of negotiable instruments is not only essential for commerce students and professionals but also for anyone preparing for competitive exams like CA, CS, CMA, UPSC, SSC, and banking exams. The most common types of negotiable instruments include Pr