01 a. Capable of being negotiated; transferable by assignment or indorsement to another person; as, a negotiable note or bill of exchange.
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1.
Capable of being negotiated; transferable by assignment or indorsement to another person; as, a negotiable note or bill of exchange.
Phrases & compounds
Negotiable paper —
any commercial paper transferable by sale or delivery and indorsement, as bills of exchange, drafts, checks, and promissory notes.