negotiable

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ne|go|tiable /nɪg'oʊʃəbəl/
1 [ADJ]
Something that is negotiable can be changed or agreed when people discuss it.
He warned that his economic programme for the country was not negotiable...
The Manor is for sale at a negotiable price.
≠ fixed
2 [ADJ]
Contracts or assets that are negotiable can be transferred to another person in exchange for money.
The bonds may no longer be negotiable.
...negotiable bearer bonds.

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