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The Collaborative International Dictionary of English v.0.48 (gcide)

Transferable \Trans*fer"a*ble\ (?; 277), a. [Cf. F.
transf['e]rable.]
1. Capable of being transferred or conveyed from one place or
person to another.
[1913 Webster]

2. 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.
[1913 Webster]