不可流通的 meaning in English

nonnegotiable

Non - negotiable bill of lading
不可流通的提单
The credit should not require awb to be issued “ to order ” and / or “ to be endorsed ”
二)航空运单是不可流通的单据信用证不应要求航空运单发致“空白抬头”及/或“予以背书” 。
Compared with western countries , such kind of shares in china are unexchangeable , including state - owned shares and legal person - owned shares , and chinese stock market is not very mature . that will probably make difference between our conclusions and theirs . the aim of this paper is to find those differences by calculating and analyzing cumulative abnormal returns with event study
由于中国上市公司的股权结构的特殊性，股权转让的标的基本都是不可流通的国有股和法人股，加之股票市场还不成熟，可能使得中国股权转让的股价行为与西方的实证结论不完全一致，而带有一些中国特色。