[ni-goh-shee-uh-buh
l, -shuh-buhl] 
| 1. | capable of being negotiated: a negotiable salary demand. |
| 2. | (of bills, securities, etc.) transferable by delivery, with or without endorsement, according to the circumstances, the title passing to the transferee. |
| 3. | negotiables, negotiable bonds, stocks, etc. |
negotiable
Of, relating to, or being a price that is not firmly established.
Of or relating to an instrument that is easily transferable from one owner to another owner. With proper endorsement, most securities are negotiable.