Negotiable: meaning, definitions and examples

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negotiable

 

[nɪˈɡəʊʃɪəbl ]

Definitions

Context #1 | Adjective

terms of agreement

Open to discussion or modification, able to be bargained or debated.

Synonyms

adjustable, bargainable, flexible, modifiable.

Which Synonym Should You Choose?

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Word Description / Examples
negotiable

When terms, such as prices, conditions, or agreements, can be discussed and potentially altered before reaching a final decision. Often used in business or legal contexts.

  • The salary for this position is negotiable based on experience.
  • The terms of the contract are negotiable.
flexible

When something is capable of adapting or being changed easily without breaking. Frequently used to describe schedules, plans, or people who can easily adapt.

  • Her working hours are flexible.
  • We need a more flexible approach to this problem.
adjustable

When something can be changed or altered to fit different conditions or requirements. Commonly used for objects or settings that can be manually changed.

  • This chair has adjustable height.
  • The schedule is adjustable to fit your needs.
modifiable

When something can be altered or customized. This term is often used in technical, scientific, or legal contexts.

  • The software settings are modifiable.
  • The contract terms are modifiable according to your needs.
bargainable

When the price or terms of something can be discussed to reach a lower cost or different deal. Often used in market or retail settings where negotiation is expected.

  • The price of this car is bargainable.
  • Most items in the market are bargainable if you know how to negotiate.

Examples of usage

  • It is a negotiable price, we can discuss it further.
  • The terms of the contract are negotiable.
  • The salary is negotiable depending on experience.
  • Is the deadline negotiable?
  • The price is negotiable, let's try to reach a compromise.
Context #2 | Adjective

financial context

Able to be transferred or converted into cash.

Synonyms

convertible, liquid, marketable.

Which Synonym Should You Choose?

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Word Description / Examples
negotiable

Applied to items, agreements, or conditions that can be discussed and potentially altered through discussion.

  • The salary for this position is negotiable depending on the candidate's experience.
  • The terms of the contract are negotiable, so let’s discuss them.
liquid

Describes assets that can be easily converted into cash without losing value, often used in financial contexts.

  • Cash is the most liquid asset you can have.
  • The company's liquidity was high because it held a lot of liquid assets.
convertible

Used for things that can be changed into another form, often refers to financial securities or vehicles.

  • This sofa is convertible into a bed.
  • He invested in convertible bonds, which can turn into company shares.
marketable

Refers to items or skills that are in demand and can be easily sold or utilized in the market.

  • Her marketing skills are very marketable in today’s job market.
  • The new product is highly marketable and should sell well.

Examples of usage

  • The investment is negotiable and can be liquidated at any time.
  • These assets are negotiable and can be easily sold.

Interesting Facts

Etymology

  • The term comes from the Latin 'negotiabilis', meaning 'able to be negotiated'.
  • It first appeared in English in the late 16th century, reflecting the growing importance of trade.
  • The root word 'negotiari' means 'to carry on business', showing its connections to commerce.

Business Practices

  • Negotiable terms can lead to better deals in business, allowing flexibility in contracts and agreements.
  • In many industries, skilled negotiators are highly valued as they can save companies money and enhance relationships.
  • The concept of making offers and counteroffers is a key component of successful negotiating.

Law

  • In legal contexts, negotiable instruments like checks and promissory notes can be transferred between parties with agreed terms.
  • Legal negotiations often revolve around contract terms, where both sides seek terms that are acceptable.
  • Many settlements in lawsuits are reached through negotiation, allowing parties to come to a mutual agreement without going to trial.

Psychology

  • Negotiation involves understanding human behavior and motivations, which can affect the negotiation process.
  • People often negotiate based not just on facts, but emotions and relationships as well.
  • Effective negotiation can increase satisfaction for all parties involved, reducing conflict.

Cultural Significance

  • Different cultures approach negotiation differently; for example, some value directness while others prioritize harmony.
  • In some countries, negotiating is seen as a fundamental part of doing business, whereas in others it may be less common.
  • Cultural norms can influence which tactics are considered acceptable in negotiation, highlighting the need for adaptability.

Translations

Translations of the word "negotiable" in other languages:

🇵🇹 negociável

🇮🇳 बातचीत योग्य

🇩🇪 verhandelbar

🇮🇩 bisa dinegosiasikan

🇺🇦 договірний

🇵🇱 negocjowalny

🇯🇵 交渉可能な

🇫🇷 négociable

🇪🇸 negociable

🇹🇷 müzakere edilebilir

🇰🇷 협상 가능한

🇸🇦 قابل للتفاوض

🇨🇿 vyjednatelný

🇸🇰 dohodnuteľný

🇨🇳 可协商的

🇸🇮 pogajljiv

🇮🇸 samningsfær

🇰🇿 келісімді

🇬🇪 საკითხავია

🇦🇿 danışıla bilən

🇲🇽 negociable

Word Frequency Rank

Ranked #10,746, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.