negotiable

ne·go·tia·ble   (nĭ-gō'shə-bəl, -shē-ə-)    adj.   Easy or possible to negotiate or be negotiated: negotiable demands; a negotiable road. Transferable from one person to another by delivery or by delivery and endorsement: negotiable securities. ne·go'tia·bil'i·ty n., ne·go'tia·bly adv.

Negotiable

1. Describing the price of a good or security that is not firmly established.

2. Describing a good or security whose ownership is easily transferable from one party to another.

Investopedia Commentary

1. You will often hear the term "negotiable&quot in reference to the purchase price of a particular good. The term states that the asking price is not set in stone and can be adjusted depending on the circumstance.

2. Most securities are negotiable, which means that they can be easily transferred from one party to the next, provided all proper documentation is included.

An example of a negotiable instrument would be a certificate of deposit. These can be easily bought and sold between different parties.

Also known as "marketable", "transferable&quot or "un-registered".

Related Links

Getting To Know The Money Market

See also: Certificate of Deposit, Negotiable Certificate of Deposit, Non-Negotiable, Series EE Bond, Series HH Bond, Series I Bond

negotiable

1. Of, relating to, or being a price that is not firmly established.

2. Of or relating to an instrument that is easily transferable from one owner to another owner. With proper endorsement, most securities are negotiable.

Main Entry: ne·go·tia·ble
Pronunciation: ni-'gO-sh&-b&l
Function: adjective
: 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> negotiable certificate of deposit> —see also NEGOTIABLE INSTRUMENT —ne·go·tia·bil·i·ty /ni-"gO-sh&-'bi-l&-tE/ noun