Negotiate
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
The power to negotiate a bill or note is the power to indorse and deliver it to another, so that the right of action thereon shall pass to the indorser or holder. Am. Rep. 208; or, in ease of such instrument payable to bearer, to deliver it. A note transferred by delivery is negotiated; Lowrie v. Zunkel, 49 Mo. App. 153. A national bank, under the power to negotiate evidences of debt, may exchange government bonds for registered bonds; Yerkes v. Bank, 09 N. Y. 383, 25 Am. Rep. 208.