Webster's Revised Unabridged Dictionary · 1913

Negotiable

Negotiable (? o?) , adjective

[Compare French négotiable. See Negotiate.]

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