negotiable
adjective
                                                                                                                            
                                                            ne·go·tia·ble
                    
                                                                                                              
                                                                                                                                  ni-ˈgō-sh(ē-)ə-bəl  
                                                      
                                                          
            
                                
              
          
                                                      : capable of being negotiated: such as                                      
                
                    
        a
    
          
                                          
              
          
                                                      : transferable from one person to another by being delivered with or without endorsement (see endorse sense 1d) so that the title passes to the transferee (see transferee sense 1)                                      
              
                             
negotiable securities
                         
                
                    
        b
    
          
                                          
              
          
                                                      : capable of being traversed, dealt with, or accomplished                                      
              
                             
a difficult but negotiable road
                                       some kind of agreement was negotiable
                         
                
                    
        c
    
          
                                          
              
          
                                                      : open to discussion or dispute                                      
              
                             
The terms of the contract are negotiable.
                                       The price was not negotiable.
                         
                
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  Merriam-Webster unabridged




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