The Collaborative International Dictionary
Negotiable \Ne*go"ti*a*ble\ (? or ?), a. [Cf. F. n['e]gotiable. 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.
Usage examples of "negotiable paper".
He would not have admitted as miserliness the warm feeling that stole over him every night as he lay down to sleep, smiling from the knowledge that all round him, filling two oak-veneered sale-bargain bedroom suites, was a ton or two of negotiable paper.
For instance, what is a reasonable time for presenting negotiable paper, or what is a difference in kind and what a difference only in quality, or the rule against perpetuities.