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



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