negotiable

adjective
ne·​go·​tia·​ble | \ ni-ˈgō-sh(ē-)ə-bəl How to pronounce negotiable (audio) \

Definition of negotiable

: capable of being negotiated: such as
a : transferable from one person to another by being delivered with or without endorsement (see endorse sense 1d) so that the title passes to the transferee (see transferee sense 1) negotiable securities
b : capable of being traversed, dealt with, or accomplished a difficult but negotiable road some kind of agreement was negotiable
c : open to discussion or dispute The terms of the contract are negotiable. The price was not negotiable.

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Other Words from negotiable

negotiability \ ni-​ˌgō-​sh(ē-​)ə-​ˈbi-​lə-​tē How to pronounce negotiability (audio) \ noun

Synonyms & Antonyms for negotiable

Synonyms

Antonyms

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Examples of negotiable in a Sentence

The terms of the contract are negotiable. The price was not negotiable. a rough but negotiable road
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Recent Examples on the Web The choice was stark and non-negotiable: stay in the city and die of hunger or take to the road and hope for the best. Dan Chiasson, The New York Review of Books, "Pandemic Journal," 29 Apr. 2020 Everything else is in the product plan is negotiable when times get tough. Mark Phelan, Detroit Free Press, "Here's what the pandemic means for some very important new vehicles," 11 Apr. 2020 The four-year contracts of first-round draft picks include a team option for a fifth season at a non-negotiable salary. Mark Inabinett | Minabinett@al.com, al, "Who’ll be in line to cash in during NFL free agency next year?," 1 Apr. 2020 Louis Birdman, one of the project’s developers, said prices, which range from just under $5 million to $25 million, are negotiable. Candace Taylor, WSJ, "It took seven years and nearly $300 million to build the late architect’s futuristic tower. Now, the developer is trying to sell the building’s remaining units amid a softening condo market and oversupply of luxury product," 16 Jan. 2020 For example, when hiring a senior engineer into a complex code base, an ability to grapple with the complexity is not negotiable. Cate Huston, Quartz at Work, "Three signs of a poor hiring process—and four ways to fix it," 10 Mar. 2020 Mitchell, a former Los Angeles Deputy City Attorney, added that the claims for damages are negotiable. Los Angeles Times, "Federal judge orders emergency hearing over coronavirus threat to L.A.'s homeless people," 17 Mar. 2020 But with gear, there is a non-negotiable base price for stuff that works. Alexander George, Popular Mechanics, "All the Best Motorcycle Gear You Need to Start Riding," 5 Mar. 2020 This economic barrier in the Irish Sea became a non-negotiable demand from Dublin, one backed to the hilt by Brussels. K. V. Turley, National Review, "All Change in Ireland," 5 Feb. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'negotiable.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of negotiable

1758, in the meaning defined above

History and Etymology for negotiable

negoti(ate) + -able, perhaps after French négociable

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Time Traveler for negotiable

Time Traveler

The first known use of negotiable was in 1758

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Statistics for negotiable

Last Updated

16 May 2020

Cite this Entry

“Negotiable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/negotiable. Accessed 24 May. 2020.

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More Definitions for negotiable

negotiable

adjective

Financial Definition of negotiable

What It Is

Negotiable refers to an item that can be sold or transferred to another party as a form of unconditional payment. Negotiable also means that the terms of an agreement can be adjusted.

How It Works

A negotiable check given to one person can then be endorsed and may be used as a payment to a third party. Also, certain types of commercial paper securities or bonds may be negotiable (they may be signed by the bearer of the bonds and redeemed).  The right to payment through a negotiable instrument, such as a currency or endorsed checks is determined based on possession.

According to the United States Uniform Commercial Code (UCC), an item is negotiable if it meets the following criteria:  the promise to pay must be unconditional; the payment must be for a specific sum; payment must be made on demand; no further performance by any party is needed; and payment must be to the bearer of the negotiable instrument.
In terms of an agreement, the parties may be negotiating the terms of a contract or the scope of a project.   For example, a proposal for work by a contractor at a certain fee may be negotiable.  That is, the contractor may be willing to do more work or lower the price.  A contract is usually negotiable until it is executed.

Why It Matters

Once a negotiable instrument is given to another party, it is payable unconditionally. Possession governs in almost every way; it is the functional equivalent to cash. On a balance sheet, negotiable instruments are classified as "cash or its equivalents."  Under the US UCC regulations, letters of credit, bills of lading, most securities, deeds, and IOUs are not negotiable.

Source: Investing Answers

negotiable

adjective
How to pronounce negotiable (audio)

English Language Learners Definition of negotiable

: able to be discussed and changed before an agreement or decision is made
: able to be successfully traveled over
finance : able to be passed from one person to another in return for something of equal value

negotiable

adjective
ne·​go·​tia·​ble | \ ni-ˈgō-shə-bəl How to pronounce negotiable (audio) \

Kids Definition of negotiable

1 : able to be discussed in order to reach an agreement a negotiable price
2 : able to be successfully dealt with or traveled over negotiable roads

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negotiable

adjective
ne·​go·​tia·​ble | \ ni-ˈgō-shə-bəl How to pronounce negotiable (audio) \

Legal Definition of negotiable

: capable of being negotiated especially : transferable from one party to another by delivery with or without endorsement so that title passes to the transferee negotiable securities a negotiable certificate of deposit — see also negotiable instrument

Other Words from negotiable

negotiability \ ni-​ˌgō-​shə-​ˈbi-​lə-​tē How to pronounce negotiability (audio) \ noun

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Comments on negotiable

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