Negotiable Meaning: Definition, Examples, and Translations
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negotiable
[nษชหษกษสสษชษbl ]
Definitions
terms of agreement
Open to discussion or modification, able to be bargained or debated.
Synonyms
adjustable, bargainable, flexible, modifiable.
Which Synonym Should You Choose?
Word | Description / Examples |
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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.
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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.
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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.
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modifiable |
When something can be altered or customized. This term is often used in technical, scientific, or legal contexts.
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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.
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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.
financial context
Able to be transferred or converted into cash.
Synonyms
convertible, liquid, marketable.
Which Synonym Should You Choose?
Word | Description / Examples |
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negotiable |
Applied to items, agreements, or conditions that can be discussed and potentially altered through discussion.
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liquid |
Describes assets that can be easily converted into cash without losing value, often used in financial contexts.
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convertible |
Used for things that can be changed into another form, often refers to financial securities or vehicles.
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marketable |
Refers to items or skills that are in demand and can be easily sold or utilized in the market.
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Examples of usage
- The investment is negotiable and can be liquidated at any time.
- These assets are negotiable and can be easily sold.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
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.
Origin of 'negotiable'
Main points about word origin
- 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.
The word 'negotiable' originated in the mid-19th century, deriving from the verb 'negotiate' which comes from the Latin word 'negotiari' meaning 'to carry on business'. The concept of negotiation has been a fundamental part of human interaction and trade for centuries, allowing parties to reach mutually beneficial agreements through discussion and compromise.
See also: negotiating, negotiation, negotiator, renegotiate.
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.
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