1. the quality of being able to be discussed, bargained over, or changed through agreement
2. the legal quality of a financial instrument that allows it to be transferred from one person to another
Usage: legal; finance

Examples

• The negotiability of the contract terms made it easier to reach an agreement.
• We questioned the negotiability of the salary offer during the interview.
• The negotiability of checks makes them convenient for business transactions.
• The bond’s negotiability allows investors to sell it before maturity.
• His rigid stance reduced the negotiability of the proposal.
• The negotiability of the promissory note was clearly established in the document.