Ne*go"ti*a*ble (? ∨ ?), a. [Cf. F. n'egotiable. See Negotiate.]
Capable of being negotiated; transferable by assigment 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.
© Webster 1913.