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Meaning Of Transferable
a.
Capable of being transferred or conveyed from one
place or person to another.
a.
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.