Negotiation

/nɪˌɡoʊ.ʃiˈeɪ.ʃən/

Meaning & Definition

noun
The process by which two or more parties discuss and come to an agreement on a particular issue.
The negotiation between the two countries focused on trade agreements.
A discussion aimed at reaching an agreement.
Her negotiation skills were pivotal in securing the partnership.
A formal discussion between people who are trying to reach an agreement.
The union and management had a long negotiation to resolve the labor dispute.

Etymology

From Latin negotiatio, from negotiari 'to carry on business'.

Common Phrases and Expressions

good faith negotiation:
Negotiations conducted honestly and with sincere intent.
negotiation table:
A metaphorical or physical place where negotiation discussions take place.
win-win negotiation:
A negotiation strategy that seeks mutually beneficial outcomes.

Related Words

Slang Meanings

Deal-making
They're just doing some deal-making over there.
Cut a deal
Let's cut a deal that works for both of us.