Non-Negotiable

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Non-Negotiable

1. Referring to a price for an asset where the seller has no intention to change the price at the buyer's instigation. Generally, the larger a business, the more likely its prices are to be non-negotiable. For example, a street vendor may negotiate prices, while Wal-Mart will not.

2. Referring to a security or other asset that is difficult to sell or transfer. Describing an illiquid asset.
References in periodicals archive ?
Human rights are nonnegotiable for Bill," said Sen.
The employer corporation planned to secure the benefits by transferring to the participants nonnegotiable, nontransferable participation certificates, which were to be secured by irrevocable standby letters of credit.
Citing severe fiscal constraints, OMB informed EPA "that the matter was nonnegotiable," Shapiro says.
Aden Enterprises will pay for the assets with a combination of cash and its three year nonnegotiable promissory notes secured by the assets being purchased.
Next, the "Serious Catholics" voting guide leaves out some equally nonnegotiable issues like, say, torture, which, says the Catechism of the Catholic Church, is "contrary to respect for the person and for human dignity.