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negotiated sale
negotiating rights
negotiation
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negotiable

ne·go·tia·ble [ nə gṓshəb'l, nə gṓshee əb'l ]


adjective 
Definition:
 
1. open to discussion: not fixed but able to be established or changed through discussion and compromise
Salary is negotiable, according to education and experience.

2. navigable: able to be crossed, passed, or successfully dealt with

3. finance exchangeable for money: describes financial instruments such as checks and securities that can be transferred to another person in exchange for money



noun 
Definition:
 
finance something exchangeable for money: a negotiable financial instrument ( usually used in the plural )

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