Basic Uniform Commercial Code
Instrument
"Instrument" means 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
- investment property,
- letters of credit, or
- writings that evidence a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card.
Copyright, The American Law Institute
E.g., checks, CDs, etc.