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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