what is non negotiable 
non negotiable means not open for debate or modification it can refer to the price of a good or security that is firmly established and cannot be adjusted or a part of a contract or deal that is considered a requirement by one or both involved parties additionally the term can relate to a good or security whose ownership is not easily transferable from one party to another understanding non negotiablean item can be considered non negotiable if one party involved in a transaction is not willing to make any changes to a condition that has been set in place this could relate to the price for a particular good or service an element within a contract or a financial product that cannot be exchanged or transferred to a new owner even through the use of secondary markets crossed checks from mexico and other countries are frequently non negotiable negotiable is the opposite of non negotiable when an asking price or contract is referred to as negotiable it means that it is not set in stone and can be adjusted depending on the circumstance likewise instruments of this nature can be exchanged or transferred with ease for example a check would qualify as a negotiable instrument as it can be presented to a financial institution in exchange for actual currency funds in physical currency such as dollar bills are also considered to be negotiable instruments because they can be easily exchanged between parties most securities are negotiable too provided that all proper legal documentation is included examples of non negotiable