negotiable

US /nəˈɡoʊ.ʃi.ə/
UK /nəˈɡoʊ.ʃi.ə/
"negotiable" picture
1.

open to discussion or modification

:
The terms of the contract are negotiable.
The price is slightly negotiable.
2.

(of a document) able to be transferred to another person, especially by delivery, so as to give legal title to that person

:
A check is a negotiable instrument.
Bills of lading are often negotiable documents.