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.
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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negotiable is ...
... part of the Accounting and Banking subjects.
... part of the Accounting and Banking subjects.
... #39 on our list of the most popular terms.
Related Terms
bearer -
coupon bond, Treasuries, firm price, renegotiable rate, ADR, bearer bond, Bill, bill of exchange, cash, European Depositary Receipt
negotiable appears in these other terms
Negotiable Order of Withdrawal, negotiable security
negotiable appears in the definitions of these other terms on BusinessDictionary.com
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