Meaning of the word transferable in English

What does transferable mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

transferable

US /trænsˈfɝː.ə.bəl/
UK /trænsˈfɝː.ə.bəl/

Adjective

1.

(especially of financial assets, liabilities, or legal rights) able to be transferred or made over to the possession of another person.

Example:
balances are not transferable by check
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