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 is negotiable.
When a bondholder signs over a bond to another person, this is an example of a negotible bond.
A negotiable road.
- Legally transferable to another by endorsement or by proper delivery.
- That can be passed, crossed, surmounted, etc.