negotiable

adj.

可谈判的；可协商的；可商量的；（票据）可兑现的

negotiable securities有价证券；可流通证券

negotiable instrument可转让票据；流通票据

1. The terms of employment are negotiable.
   雇用的条件可以协商。
2. Payment may be made by way of letters of credit or negotiable instruments.
   支付可采取信用证或可转让信用工具的形式。
3. The road is only negotiable in the dry season.
   这条道只有在旱季才能通行。
4. The mountain track is negotiable, but only with difficulty.
   山上的小路可以通行，只是难走。

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