👉 In the context of legal transactions, a "negotiable" refers to an agreement or document that is legally binding and can be exchanged for another item or service. This could include contracts, agreements, or other documents that are intended to transfer ownership, rights, or obligations from one party to another in exchange for something of value. Negotiables are often used in the context of real estate transactions, where a buyer may offer an initial price for the property and then negotiate with the seller to
