Negotiable describes something that is open to discussion, something that can be bargained over, or something that can be endorsed and transferred to someone.
(adjective)
- When the price of a house is not firm but is up for discussion and the seller is willing to entertain offers, this is an example of a time when the price isnegotiable.
- When a bondholder signs over a bond to another person, this is an example of a negotible bond.