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negotiation

Negotiation refers to a back-and-forth process in which two or more people with different interests must find a way to reconcile or compromise to come up with an agreement. (noun)

When you wish to buy an item from a seller and you suggest one price, the seller suggests another and you go back and forth on the issue several times, this is an example of a negotiation.

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See negotiation in Webster's New World College Dictionary

See negotiation in American Heritage Dictionary 4

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