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Webster 1913 Edition

Negotiable

Ne-go′ti-a-ble

(? or ?)
,
Adj.
[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 1828 Edition

Negotiable

NEGOTIABLE

,
Adj.
[from negotiate] That may be transferred by assignment or indorsement; that may be passed from the owner to another person so as to vest the property in the assignee; as a negotiable note or bill or exchange.

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