- Capable of being transferred or conveyed from one
place or person to another. - 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.
Meaning of 'transferable' (Princeton's WordNet)
1 . transferable
[ s]
Meaning (1): - legally transferable to the ownership of another
Transferable letter of credit Transferable letter of credit refers to the document that allows the first beneficiary on a standby letter of credit to transfer all or part of the ...
Transferable Credit Transferable Credit is a documentary credit under which the bank called upon to effect payment or acceptance, or to any bank entitled to effect