Meaning of the word negotiable in English

What does negotiable mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

negotiable

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

Adjective

1.

open to discussion or modification

Example:
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

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