Negotiation - Dictionary Definition and Overview

Negotiation :  (noun)
1: a discussion intended to produce an agreement; "the buyout negotiation lasted several days"; "they disagreed but kept an open dialogue"; "talks between Israelis and Palestinians" [syn: dialogue, talks]
2: the activity or business of negotiating an agreement; coming to terms

Based on WordNet 2.0

Negotiation : \Ne*go`ti*a"tion\, n. [L. negotiatio: cf. F. n['e]gociation.] 1. The act or process of negotiating; a treating with another respecting sale or purchase. etc.

2. Hence, mercantile business; trading. [Obs.]

Who had lost, with these prizes, forty thousand pounds, after twenty years' negotiation in the East Indies. --Evelyn.

3. The transaction of business between nations; the mutual intercourse of governments by diplomatic agents, in making treaties, composing difference, etc.; as, the negotiations at Ghent.

An important negotiation with foreign powers. --Macaulay.

Based on Webster's Revised Unabridged Dictionary

NEGOTIATION, merc. law. The act by which a bill of exchange or promissory note is put into circulation by being passed by one of the original parties to another person. 2. Until an accommodation bill or note has been negotiated, there is no contract which can be enforced on the note: the contract, either express or implied, that the party accommodated will indemnify the other, is, till then, conditional. 2 Man. & Gr. 911.

Based on Webster's Revised Unabridged Dictionary (1913)

Example Usage of Negotiation

bobtwhit: RT @DowningStreet: PM: 10am, two more hours of fraught Negotiation. Glad that Pres Obama just arrived to keep us focused on big picture ...
JDPowerInternet: New blog post: Automotive Market Prices Don't Eliminate Negotiation http://bit.ly/5XRWym
Articlesmart: The Purpose of Having a Debt Settlement Letter: Part of a debt settlement Negotiation process is writing a debt set... http://bit.ly/6czBHg
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