NEGOTIABLE

negotiable. Negotiable, a. that may be negotiated or passed from one to another by assignment

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Ne‐go″ti‐a‐ble (? or ?), a. [[Cf. F. négotiable. See Negotiate.]] Capable of being negotiated; transferable by assignment or indorsement to another person; as, a negotiable note or bill of exchange. Negotiable paper, any commercial paper transferable by sale or delivery and indorsement, as bills of exchange, drafts, checks, and promissory notes.