unnegotiated
- adjective
- /ˌʌn.nɪˈɡoʊ.ʃi.eɪ.tɪd/
- Specialized
- The unnegotiated cheque was returned to the sender after thirty days.
Examples
-
Funds from an unnegotiated bill cannot be accessed until it is processed.
-
The cheque remained unnegotiated for several months.
-
The bank keeps records of all unnegotiated financial instruments for security purposes.
-
Why is this bill still unnegotiated?
-
The unnegotiated cheque was returned to the sender after thirty days.
-
Funds from an unnegotiated bill cannot be accessed until it is processed.
-
The cheque remained unnegotiated for several months.
Synonyms
Not yet turned into money, for example a check you have not taken to the bank
A bank payment that has not been completed or cleared
Not yet sold or turned into cash, often about things a company owns
How Settled
Surface Forms
Morphology
unnegotiated = negotiated (semi-transparent) = un + negotiate + ed
Formally 'un-' + 'negotiated' is transparent, but the financial/legal sense of 'negotiated' (processed/transferred) is specialized and may be unknown to average learners.
Etymology
Unnegotiated is made from un- 'not' and negotiate 'to make a deal', and it is related to negotiable, which in banking means you can 'transfer' a cheque or bill. So an unnegotiated cheque or bill is one that was not processed or passed on.