negotiability

/nɪˌɡoʊʃiəˈbɪləti/
noun
  1. The quality of being able to be discussed, changed, or arranged through agreement.
    • We questioned the negotiability of the deadline with the client.
    • The negotiability of the contract terms made the deal possible.
    • The negotiability of the price depends on how many items you buy.
  2. The legal ability of a financial document (like a check or promissory note) to be transferred or exchanged for money.
    • Lack of proper signatures can affect the negotiability of a promissory note.
    • The bank confirmed the negotiability of the check before cashing it.
    • The negotiability of the bond allows it to be sold to another investor.
What does "negotiability" mean? | whatsthatwordmean | whatsthatwordmean