negotiation

A negotiation is a business-oriented conversation where two sides argue, discuss, and compromise to reach some agreement.

When you hear the word negotiation, you know there are two sides and they're willing to talk to each other. In sports, the owners and the players union go through a negotiation to get a new contract. Parents and kids might have a negotiation over curfew time. Negotiation implies that both sides are willing to give something up and compromise. If your side won't give an inch, then you're not ready for negotiation.

DEFINITIONS OF: negotiation

1

n a discussion intended to produce an agreement

“the buyout negotiation lasted several days”
Synonyms:
dialogue, talks
Examples:
Strategic Arms Limitation Talks
negotiations between the United States and the Union of Soviet Socialist Republics opened in 1969 in Helsinki designed to limit both countries' stock of nuclear weapons
Types:
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parley
a negotiation between enemies
diplomacy, diplomatic negotiations
negotiation between nations
bargaining
the negotiation of the terms of a transaction or agreement
collective bargaining
negotiation between an employer and trade union
horse trading
negotiation accompanied by mutual concessions and shrewd bargaining
mediation
a negotiation to resolve differences that is conducted by some impartial party
plea bargain, plea bargaining
(criminal law) a negotiation in which the defendant agrees to enter a plea of guilty to a lesser charge and the prosecutor agrees to drop a more serious charge
dollar diplomacy
diplomacy influenced by economic considerations
gunboat diplomacy, power politics
diplomacy in which the nations threaten to use force in order to obtain their objectives
recognition
the explicit and formal acknowledgement of a government or of the national independence of a country
shuttle diplomacy
international negotiations conducted by a mediator who frequently flies back and forth between the negotiating parties
haggle, haggling, wrangle, wrangling
an instance of intense argument (as in bargaining)
holdout
a refusal by a negotiator to come to terms in the hope of obtaining a better deal
arbitration
(law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management)
conciliation
any of various forms of mediation whereby disputes may be settled short of arbitration
umpirage
mediation by an umpire
Type of:
discussion, give-and-take, word
an exchange of views on some topic

n the activity or business of negotiating an agreement; coming to terms

Type of:
activity
any specific behavior
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