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Adjective: negotiable  ni'gow-shee-u-bul
  1. Capable of being passed or negotiated
    "a negotiable road"
  2. Able to be negotiated or arranged by compromise
    "negotiable demands";
    - on the table
  3. Legally transferable to the ownership of another
    "negotiable bonds";
    - assignable, conveyable, transferable, transferrable

See also: alienable, flexible, passable