instrument

A formal or legal document in writing, such as a contract, deed, will, bond, or lease. A writing that satisfies the requisites of negotiability prescribed by U.C.C. Art. 3. A negotiable instrument (defined in U.C.C. No. 3-104), or a security (defined in U.C.C. No. 8-102) or any other writing which evidences a right to the payment of money and is not itself a security agreement or lease and is of a type which is in ordinary course of business transferred by delivery with any necessary indorsement or assignment. U.C.C. No. 9-105(1). Anything reduced to writing, a document of a formal or solemn character, a writing given as a means of affording evidence. A document or writing which gives formal expression to a legal act or agreement, for the purpose of creating, securing, modifying, or terminating a right. A writing executed and delivered as the evidence of an act or agreement. Moore v. Diamond Dry Goods Co., 47 Ariz. 128, 54 P.2d 553, 554.

Anything which may be presented as evidence to the senses of the adjudicating tribunal

@ incomplete instrument

A paper whose contents show, at the time of signing, that it is intended to become an instrument but that is not an instrument because a necessary element is missing.

See U.C.C. No. 3-115(1).

See also bearer instrument

- bill

- commercial paper

- negotiable instruments

- note

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