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negotiation
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negotiable security
ne·go·tia·ble se·cu·ri·ty (plural ne·go·tia·ble se·cu·ri·ties)


noun 
Definition:
 
finance transferrable security: a security such as a bond or stock that can be bought and sold in a secondary market
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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