meaning of negotiable
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Negotiable is used to describe the price of a good or security that is not firmly established. It is also used to describe a good or security, such as cash, whose ownership is easily transferable from one party to another. Other words used to describe negotiable are marketable, transferable or unregistered.
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There are 2 meanings of negotiable:
1. Open to discussion or modification.
2. (Of a route) able to be traversed; passable.
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