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

negotiate
To discuss something in order to reach an agreement.
negotiator
A person who conducts negotiations.
transaction
An instance of buying or selling something.

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.