negotiability


ne·go·tia·ble

N0051400 (nĭ-gō′shə-bəl, -shē-ə-)adj.1. Capable of being discussed in an effort to reach an agreement: negotiable demands.2. Capable of being traveled over or through; passable: a negotiable road.3. a. Transferable from one person to another: negotiable securities.b. Transferable from one person to another by means of endorsement: checks and other negotiable instruments.
ne·go′tia·bil′i·ty n.ne·go′tia·bly adv.