Salable. American Banker Glossary
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A security whose title is transferable by delivery . See also: negotiable instrument. Bloomberg Financial Dictionary
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negotiable ne‧go‧ti‧a‧ble [nɪˈgəʊʆiəbl, -ʆə- ǁ -ˈgoʊ-] adjective
1. BANKING a negotiable document, such as a banknote or a bill of exchange, can be exchanged for money or goods
2. COMMERCE an offer, price etc that is negotiable can be discussed and changed before being finally agreed on:
— negotiability noun [uncountable] :
• the negotiability of international bills of exchange
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An item that can be traded or transferred freely. Also refers to any part of a transaction where a fee, commission or interest rate, for example, can be negotiable (i.e. agreed to the satisfaction of one or more parties).
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negotiable UK US /nɪˈgəʊʃiəbl/ adjective
► FINANCE, STOCK MARKET used to describe bonds, shares, etc. that can be bought and sold: »
The company will sell some negotiable securities to raise money.
► COMMERCE able to be discussed or changed in order to reach an agreement: »
Prices are negotiable on longer stays.
»The terms of the agreement are not negotiable.
Financial and business terms. 2012.