Negotiable means open to discussion or exchange for cash or goods. Learn about the different types of negotiable instruments, such as checks, CDs, and promissory notes, and how they differ from non- negotiable ones. ABSTRACT Negotiable instruments play a crucial role in facilitating commercial transactions by providing a reliable means of transferring rights and obligations between parties. This article provides a comprehensive overview of negotiable instruments, exploring their definition, characteristics, and various types. By examining key examples such as promissory notes, bills of exchange, and checks, we delve into the unique features and functions of each instrument. Furthermore, the article ... NEGOTIABLE meaning: 1. able to be discussed or changed in order to reach an agreement: 2. A cheque that is not…. Learn more. Learn the meaning and usage of the adjective negotiable , which can describe something that is debatable, transferable, or passable. Find synonyms, translations, and related words for negotiable in different contexts.