Negotiable

Categories: Company Management

"Okay, we're saying the price of the house is $322,500, but that price is negotiable." And the buyer offers $300,000, take it or leave it.

That's how negotiations work.

Currency is also termed as being negotiable. Like, this $5 is negotiable against the purchase of that armful of candy.

Find other enlightening terms in Shmoop Finance Genius Bar(f)