Perhaps, but "negative one" would sound a little odd to lot of people from certain countries, including the UK, where "minus one" is the standard way of referring to a negative number. We would be perfectly okay with hearing "three minus minus two" in mathematical context.

Americans would be OK hearing that too. It's just a more complicated grammar to parse.

Curiosity: How do you call the terminals on a battery?

Positive and negative for battery terminals.

But "minus five degrees" for temperature ;)