Definition: Negotiation

From New World Encyclopedia

Etymology

Borrowed from Middle French n├ęgociation, or from Latin negotiatio (the carrying on of business, a wholesale business), from negotiari (to carry on business).

Noun

negotiation (countable and uncountable, plural negotiations)

  1. The process of achieving agreement through discussion.
    The specifics of the contract are still under negotiation.
    The two parties entered into negotiations about the merger.

Derived terms

  • negotiation table

Related terms

  • negotiable
  • negotiate
  • negotiator

Credits

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