Negotiable
Pronunciation : Ne*go"ti*a*ble ( or )
Part of Speech : a.
Etymology : [Cf. F. n?gotiable. See Negotiate.]
Definition : Defn: Capable of being negotiated; transferable by assigment 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.
Source : Webster's Unabridged Dictionary, 1913