negotiable
Definition 1
The ability to be sold or transferred to another party as a form of payment. Something which is negotiable is transferable by endorsement and delivery. A negotiable instrument could be a check made out to you, because you could endorse it for payment to you or transfer it to someone else as payment to them.
Definition 2
For a price or other terms of a contract or agreement, the ability to be adjusted. For example, when a price is said to be negotiable, it means that the seller is open to the possibility of reducing the price.
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Related Terms
American Depositary Receipt, Global Depositary Receipt, bearer, coupon bond, endorsement, Treasuries, firm price, renegotiable rate
'negotiable
' appears in the definitions of these other terms on BusinessDictionary.com bill of lading (B/L), negotiable bill of lading (B/L), non-negotiable bill of lading (B/L), blank endorsement, certificate of deposit (CD), and 
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