Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering

Meaning of “readily transferable”?
Securities or quite a few negotiable instruments can change title of ownership without any issue. Many at times the owner ship in implicit if you are holding a certain instrument. So for example in Stock its a fractional ownership in a company, this ownership transfers to the buyer from the seller without requiring any permission from the company.   In case of say Loans, One cannot transfer the loan to some one else without the Banks permission.