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negotiation

noun

  1. process of working out terms of agreement
L9650 on Wikidata ↗

Wiktionary

Pronunciation: /nɪˌɡəʊ.ʃiˈeɪ.ʃən/ / /nɪˌɡəʊ.siˈeɪ.ʃən/ / /nɪˌɡoʊ.ʃiˈeɪ.ʃən/

noun

Etymology: Borrowed from Middle French négociation, or from Latin negotiatio (“the carrying on of business, a wholesale business”), from negotiari (“to carry on business”). By surface analysis, negotiate + -ion.

  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.