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Business English vocabulary · Negotiations

Negotiate

Meaning in business english, with examples

/nɪˈɡoʊʃieɪt/verbCore term

In business english, negotiate means: To discuss something formally with another side in order to reach an agreement both can accept, for example on price or contract terms.

In Turkish: müzakere etmek, pazarlık yapmak, görüşerek anlaşmak

How it is used

You negotiate a contract, a price or a salary, and negotiate with a supplier or client. The noun is negotiation: 'We're still in negotiations.' Something that can be changed is negotiable.

Example sentences

  1. We managed to negotiate a 5% discount for orders over 1,000 units.

  2. Legal is still negotiating the terms of the contract with the distributor.

Common collocations

  • negotiate a contract
  • negotiate a price
  • negotiate with a supplier
  • negotiating position
  • open to negotiation
  • dealAn agreement between two or more sides, especially a business arrangement to buy, sell or work together on agreed terms.
  • compromiseAn agreement in which each side gives up part of what it wanted so that both can accept the result. Also used as a verb.
  • counterofferA new offer made in reply to an offer you have received, usually with a different price or different conditions.
  • concessionSomething that one side agrees to give up or allow during a negotiation in order to reach an agreement.
  • termsThe conditions of an agreement or contract that both sides accept, such as the price, payment dates, delivery and responsibilities.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Negotiations

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