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 ?
This contextual approach to faith and theology begs the question of the nonnegotiable.
Powell read a statement by President George Bush which promised that America would always stand firm for the nonnegotiable demands of human dignity and the rule of law.
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.