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le 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.

e, of a bank, payable to order, and usually at some future specified time. Such bills are negotiable, but form, in the strict sense of the term, no part of the currency.

to pay to some person designated a certain sum of money therein generally is, and, to be negotiable, must be, made payable to order or to bearer. So also the order generally expresses a specified time of payment, and that it is drawn for value. The person who draws the bil is called the drawer, the person on whom it i…

, a small size of writing paper, usually about 5 by 7½ or 8 inches. -- Commercial paper, negotiable paper given in due course of business. It includes bills of exchange, promissory notes, bank cheks, etc. -- Commercial traveler, an agent of a wholesale house who travels from town to town to solicit orders.…

Of the best quality; -- said of negotiable paper, etc. [Slang, U. S.]

rn of an officer, etc.; a writing, usually upon the back, but sometimes on the face, of a negotiable instrument, by which the property therein is assigned and transferred. Story. Byles. Burrill.

The quality of being negotiable or transferable by indorsement.

duties chiefly relate to instruments used in commercial transactions, such as protests of negotiable paper, ship's papers in cases of loss, damage, etc. He is generally called a notary public.

per acknowledging a debt, and promising payment; as, a promissory note; a note of hand; a negotiable note.

Negotiable evidences of indebtedness; notes; bills of exchange, and the like; as, the bank holds a large amount of his paper.

to him. Shak. Without recourse (Commerce), words sometimes added to the indorsement of a negotiable instrument to protect the indorser from liability to the indorsee and subsequent holders. It is a restricted indorsement.

Negotiable, as a note, bill of exchange, or other evidence of property, that may be conveyed from one person to another by indorsement or other writing; capable of being transferred with no loss of value; as, the stocks of most public companies are transferable; some tickets are not transferable.

Having or bearing two names; as, two-name paper, that is, negotiable paper on which at least two persons are severally liable as separate makers, or, usually, one as maker and one as indorser. [Colloq.]