(redirected from negotiability)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.


A security whose title is transferable by delivery . See also: Negotiable instrument.


A security that may be bought or sold. Generally, a negotiable security is traded on the secondary market, but the initial sale takes place on the primary market. Negotiable securities may be low-risk, such a Treasury bonds, or high-risk, such as stocks. They are also known as marketable securities. See also: Nonmarketable security.


1. Of, relating to, or being a price that is not firmly established.
2. Of or relating to an instrument that is easily transferable from one owner to another owner. With proper endorsement, most securities are negotiable.


A negotiable contract is one whose terms can be altered by agreement between the parties to the contract.

For example, when you negotiate the sale of your home, you might be willing to reduce the price, or you might be flexible about the closing date, generally in response to some concessions from the buyer.

Similarly, the interest rate on your mortgage or the number of points you pay might be negotiable with your lender.

A negotiable financial instrument or security is one that can be transferred easily from one party to another by endorsing and delivering the appropriate documentation.

Stock certificates are negotiable, for example, requiring the owner simply to sign the back and deliver the document to an agent. A check is also negotiable, transferring money from the writer to the payee on the basis of a signature and an endorsement.

References in periodicals archive ?
The new forecast suggests a decreased negotiability for corporate travel expenses in 2012.
2011 ADR and negotiability projections in the local currency in selected business travel destinations around the world for European points of sale.
No empirical evidence has been collected on the effects of these new guidelines on the negotiability of ramps by persons with mobility impairments.
interbank loans could ease temporary reserve restrains), or 3) use credit expansion to increase reserve negotiability, thus reducing the risk of illiquidity.
A rising money supply during a credit expansion increases both the negotiability of bank assets and, more importantly, their prices (Juan Ramon Rallo, 2009a).
Amber viewed rock as a male world: 'I spent years trying to fit into a male world, but there's no negotiability in the other direction.
There was a sizeable playground with a selection of climbing apparatus displaying just the right combination of negotiability vs risk of a trip to hospital.
While messy, forum shopping can offer room for manoeuvre or negotiability, potentially reducing violence in a degraded state administrative situation, crises, or a recovery process if claimants feel that there are no rigid, uncompromising legal structures of questionable legitimacy confines their options.
D'Aguilar's strategy of seeking listing of its key assets on recognised stock exchanges is designed to deliver negotiability for its key assets, less dilutive funding of forward exploration programs, and expanded and focussed project management teams independent of D'Aguilar.
He is also the exclusive sales agent at boutique condo development 32 Clinton, where "there's a little bit of room for negotiability," he said.
The index portfolio includes stocks whose added negotiability indexes represent 98 per cent of the total value of all individual negotiability indexes, during the 12 months preceding the reevaluation.