Negotiable Value (NV) Meaning & Definition | Economics
A negotiable value or negotiable security is a common instrument in finance with which its holder can operate in the markets for buying and selling securities.
Within the concept of negotiable value, there are outstanding examples of financial assets such as shares or obligations.
Their owners or holders have the ability to sell them on the stock markets at certain prices. In other words, these types of financial instruments are susceptible to leading profitable and speculative economic activities.
Negotiable securities have an intrinsic property character. Each holder is the holder of a series of property rights and decision-making capacity over their securities portfolios.
Furthermore, a security of this type can be both public and private, depending on the origin or nature of the issuer. For example, a share of a (private) telecommunications company or a sovereign (public) debt security.