negotiability
Capacity for transfer
Negotiability is the quality of being open to discussion or modification.
Terms, prices, and conditions may have varying degrees of negotiability: The salary is fixed, but benefits have some negotiability.
In finance, negotiability refers specifically to an instrument's capacity to be transferred from one party to another—a check or promissory note that can be endorsed and passed on.
Capacity to move between
- endorsementFormal expression of support
- promissory notesWritten debt obligations
- checksBank payment documents
- draftsPreliminary written versions
letters of credit · certificates of deposit · holder in due course · assignability · marketability · liquidity · securities · bonds
Yielding a point
- mediationIntervention to resolve conflict
- settlementResolved dispute or colony
- bargainingNegotiating mutually acceptable terms
- termsConditions of an agreement
agreement · arbitration · dialogue · discussion · conciliation · resolution · trade-off · middle-ground
Capacity for alteration
- modifiabilityCapacity to be adjusted
- amendabilityCapacity to be changed
- alterabilityCapacity to be changed
- opennessQuality of being accessible
wiggle room · leeway · latitude · room for maneuver · malleability · conditionality · provisional · tentative
transferability
Capacity to move between
- endorsementFormal expression of support
- promissory notesWritten debt obligations
- checksBank payment documents
drafts · letters of credit · certificates of deposit · holder in due course · assignability · marketability · liquidity · securities · bonds · discounting
concession
Yielding a point
- mediationIntervention to resolve conflict
- settlementResolved dispute or colony
- bargainingNegotiating mutually acceptable terms
terms · agreement · arbitration · dialogue · discussion · conciliation · resolution · trade-off · middle-ground · reconciliation
adjustability
Capacity for alteration
- modifiabilityCapacity to be adjusted
- amendabilityCapacity to be changed
- alterabilityCapacity to be changed
openness · wiggle room · leeway · latitude · room for maneuver · malleability · conditionality · provisional · tentative · subject to change
- currencydollar, euro, pound, yen, peso
- negotiable instrumentsbill of exchange, promissory note, promissory notes, cashier's check, bank draft
- shipping documentsbill of lading, cargo manifest, packing list, house bill, shipping label
negotiabilityfixedness
State of being stationary
immutability · inflexibility · rigidity · absoluteness · finality
negotiabilitynon-transferability
Cannot be given away
inalienability · restriction · illiquidity · encumbrance · unmarketability
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