negotiable
adjective
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Definition of negotiable
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Other Words from negotiable
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noun
Synonyms & Antonyms for negotiable
Synonyms
Antonyms
impassable (also impassible), unnegotiable, unpassable
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Examples of negotiable in a Sentence
Recent Examples on the Web
The union wants any changes in job descriptions to be negotiable. — Dallas News, "Why flight attendants are upset Southwest Airlines offered raises and bonuses in a YouTube video," 22 Aug. 2019 At traditional dealerships, prices are usually negotiable, while online prices are often fixed. — Philip Reed, USA TODAY, "The future of car shopping is online: Ditch dreaded price negotiations and cut the hassle," 25 June 2019 The original trim on our Victorian isn't negotiable so that ruled that out. — NBC News, "Everything you need to know about buying (and installing) an IKEA closet system," 4 Aug. 2019 By treating membership in the American political community as negotiable instead of fixed, Trump is undermining the very foundations of multiracial democracy. — Matt Ford, The New Republic, "Trump’s Cynical War on American Citizenship," 30 July 2019 Worryingly, problems appear to be migrating from the relatively small market for negotiable certificates of deposit (NCDs)—used primarily by small banks—into the much larger bond repo market. — Nathaniel Taplin, WSJ, "Warning Lights Are Flashing In China’s Money Market," 18 June 2019 Everything after that is negotiable, and players taken in the back half of the second round often spend the majority of their rookie seasons in the G League. — San Diego Union-Tribune, "Attorney questions Charlotte Hornets drafting Jalen McDaniels," 21 June 2019 Things that may be negotiable for people without kids seem mandatory for parents. — Karen D'souza, The Mercury News, "Home buyers with kids face greater struggles, Zillow survey says," 11 June 2019 Splits between listing and buyer’s agents are also fully negotiable, though as Hunt pointed out, that gets handled in a separate, typically undisclosed agreement between the agents involved. — Kenneth R. Harney, chicagotribune.com, "Forget what you've heard, home sellers. Real estate commission rates are negotiable.," 19 June 2018These 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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More Definitions for negotiable
negotiable
adjectiveFinancial 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
English Language Learners Definition of negotiable
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negotiable
adjective
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Kids Definition of negotiable
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negotiable
adjective
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