negotiable

UK: /nɪˈɡəʊʃəbl/ | US: /nɪˈɡoʊʃəbl/

Definition
  1. adj. open to discussion or modification; able to be negotiated

  2. adj. (of a financial instrument) transferable or assignable to another party

Structure
neg <deny>oti <leisure>able <capable of>
Etymology

The word "negotiable" originates from the Latin negotiabilis, derived from negotium (business, task), itself formed from neg- (not) + otium (leisure). The term reflects the idea of "being occupied with business" rather than leisure. Over time, it evolved to mean "capable of being settled or transferred," particularly in legal and financial contexts. The morpheme -able (from Latin -abilis) denotes capability, reinforcing the modern sense of flexibility or transferability.

Examples
  1. The terms of the contract are negotiable, so feel free to propose changes.

  2. This check is negotiable only if endorsed by the payee.

  3. The price of the car is negotiable depending on the buyer's budget.

  4. Non-negotiable policies must be strictly followed by all employees.

  5. The diplomat emphasized that the peace agreement was still negotiable.