Non-Negotiable

AAA

DEFINITION of 'Non-Negotiable'

1. A term relating to the price of a good or security which is firmly established and cannot be adjusted.

2. A term relating to a good or security whose ownership is not easily transferable from one party to another.

INVESTOPEDIA EXPLAINS 'Non-Negotiable'

1. When an asking price is considered non-negotiable, it means that you cannot try to change the price as it has been firmly established.

2. Securities and products that are considered non-negotiable cannot be transferred from one party to the next and thus are typically illiquid.

An example of a non-negotiable instrument would be a government savings bond. These can only be redeemed by the owner of the bond and are not allowed to be sold to other parties.

Also known as registered securities, non-marketable or non-transferable securities.

RELATED TERMS
  1. Series I Bond

    A non-marketable, interest-bearing U.S. government savings bond ...
  2. Adhesion Contract

    A contract in which one party has substantially more power than ...
  3. Negotiable

    1. Describing the price of a good or security that is not firmly ...
  4. Registered Security

    1. The name given to securities whereby ownership is registered ...
  5. Series EE Bond

    A non-marketable, interest-bearing U.S. government savings bond ...
  6. Series HH Bond

    A 20-year non-marketable U.S. government savings bond that pays ...
Related Articles
  1. Mutual Funds: Does Size Really Matter?
    Mutual Funds & ETFs

    Mutual Funds: Does Size Really Matter?

  2. Understanding Financial Liquidity
    Options & Futures

    Understanding Financial Liquidity

  3. Master The Art Of Negotiation
    Personal Finance

    Master The Art Of Negotiation

  4. Interpreting Volume For The Futures ...
    Options & Futures

    Interpreting Volume For The Futures ...

comments powered by Disqus
Hot Definitions
  1. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific ...
  2. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  3. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  4. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
Trading Center