IPA: /nɪˌɡoʊʃəˈbɪlɪti/
KK: /nɪˌɡoʊʃəˈbɪlɪti/
The quality or state of being open to discussion or modification, especially in terms of agreements or financial instruments.
The negotiability of the contract allowed both parties to make changes before finalizing the deal.
Negotiability → It is formed from "negotiable" (from Latin "negotiabilis", meaning able to be negotiated) and "-ity" (meaning the state or condition of). The word "negotiability" refers to the state of being able to be negotiated or transferred.
Think of something that is 'able to be negotiated' — 'negotiable' means it can be discussed or settled, and '-ity' indicates a state or condition.