Negotiation definition

nĭ-gōshē-āshən
Frequency:
A conferring, discussing, or bargaining to reach agreement.
noun
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The transfer of a negotiable instrument.
noun
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A negotiating.
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The process of achieving agreement through discussion.
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Discussions between adverse parties, with the goal of resolving their differences.
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Negotiation is defined as 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.

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.

noun
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The act or process of negotiating.

Successful negotiation of a contract; entered into labor negotiations.

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Other Word Forms

Noun

Singular:
negotiation
Plural:
negotiations

Origin of negotiation

  • From French négociation, from Latin negotiatio (“the carrying on of business, a wholesale business"), from negotiari (“to carry on business"); see negotiate.

    From Wiktionary