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. [ 1913 Webster ]
Negotiable paper, any commercial paper transferable by sale or delivery and indorsement, as bills of exchange, drafts, checks, and promissory notes. [ 1913 Webster ]
[りゅうつう, ryuutsuu] (n, vs, adj-no) (1) circulation of money or goods; flow of water or air; distribution; (adj-f) (2) negotiable (e.g. shares); (P)#4369