Meaning & Definition of word "Negotiation"
Negotiation
/nɪˌɡoʊ.ʃiˈeɪ.ʃən/
noun:
- 1. The process by which two or more parties discuss and come to an agreement on a particular issue.
- Example: The negotiation between the two countries focused on trade agreements.
- 2. A discussion aimed at reaching an agreement.
- Example: Her negotiation skills were pivotal in securing the partnership.
- 3. A formal discussion between people who are trying to reach an agreement.
- Example: 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 of negotiation
Meaning: Deal-making
● Example Sentence: They're just doing some deal-making over there.
Meaning: Cut a deal
● Example Sentence: Let's cut a deal that works for both of us.