able to be discussed or changed in order to reach an agreement

Everything is negotiable at this stage - I'm ruling nothing out. 这个阶段任何事情都是可以协商的——我不排除任何可能性。

A cheque that is not negotiable cannot be exchanged for money and must be paid into a bank account.

A negotiable financial product is one that can be bought and sold.

Yamaichi will sell some negotiable securities to raise money. 山一出售了一些可转让债券来筹集资金。