omsettelige

Omsettelige is a Danish adjective used to describe assets, rights, or instruments that can be traded, transferred, or settled between parties on a market. In English, the closest equivalents are negotiable or transferable, depending on context.

In financial practice, omsettelige assets include listed shares, government and corporate bonds, money market instruments, and other securities that can be bought or sold on exchanges or in over-the-counter markets. The term emphasizes liquidity and the ability to convert the asset into cash with relative ease and without prohibitive restrictions. Such instruments typically have standardized terms and clear transfer mechanisms to register ownership and delivery.

The designation is commonly used in regulating documents, contracts, and accounting standards to distinguish omsettelige assets from illiquid or non-transferable items such as private equity interests, real estate held in a private capacity, or rights that require consent of another party to transfer.

Origin and usage: The Danish verb omsette means to exchange or convert, with -lig forming an adjective. In practice, omsettelige aligns with the concept of marketability—the ease with which an asset can be sold at a fair price.

See also: negotiable instrument, liquidity, marketability, transferability.