Definition of Negoteable
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.
- Webster's Unabridged Dictionary (1913)
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