- negotiable
- /nɪ'gəυʃiəb(ə)l/ adjective1. which can be transferred from one person to another or exchanged for cash♦ not negotiable which cannot be exchanged for cash♦ ‘not negotiable’ words written on a cheque to show that it can be paid only to a specific person♦ negotiable cheque a cheque made payable to bearer, i.e. to anyone who holds it2. which can be discussed so that an agreement is reached● The employer’s offer was not negotiable, so when it was turned down a strike seemed inevitable.● All parts of the offer are negotiable, with the exception of the new manning levels.● The salary for the job is negotiable.▪▪▪‘…initial salary is negotiable around $45,000 per annum’ [Australian Financial Review]
Dictionary of banking and finance. 2015.