Negotiable \Ne*go"ti*a*ble\ (? or ?), a. [Cf. F. n['e]gotiable. See {Negotiate}.] 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.