Meaning & Definition of word "Negotiable"
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Negotiable
/nɪˈɡoʊʃəbl/
adjective:
- 1. Open to discussion or modification.
- Example: The terms of the contract are negotiable, so feel free to suggest changes.
- 2. Able to be transferred or assigned to another party, as in a negotiable instrument.
- Example: A check is a negotiable instrument that can be endorsed to another person.
- 3. Capable of being settled or resolved by discussion.
- Example: The salary offer is negotiable depending on the candidate's experience.
Etymology
From Latin 'negotiabilis', meaning 'that can be conducted, transacted'.
Common Phrases and Expressions
negotiable terms:
Terms of a deal that can be changed based on discussion.
negotiable instruments:
Financial documents that guarantee payment to the holder.
it's negotiable:
It can be discussed or changed.
Related Words
negotiate:
To discuss the terms of a transaction.
negotiation:
The process of reaching an agreement through discussion.
negotiator:
A person who conducts negotiations.
Slang Meanings of negotiable
Meaning: Up for discussion.
Example Sentence: The price is negotiable, so feel free to make an offer.
Meaning: Flexible.
Example Sentence: Her schedule is negotiable if you need to meet.