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Negotiable

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What is Negotiable?

Negotiable is used to describe an asset, instrument, good, or security whose price has not been fully determined by a market, or otherwise. It means that the price is still to be decided. A negotiable instrument, however, refers to contracts that are capable of being transferred by endorsement and delivery. Examples of negotiable instruments are cheques, drafts, bank notes, and IOU’s.

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Negotiable

What is Negotiable?

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