ZOPA
Meaning in business english, with examples
In business english, ZOPA means: The range of possible terms that would be acceptable to both negotiating sides.
In Turkish: olası anlaşma aralığı
How it is used
Short for zone of possible agreement. It may concern price or several conditions; there may be no overlap if the parties' acceptable limits are incompatible.
Example sentences
If the seller needs at least 900 euros and we can pay up to 1,000, the ZOPA lies between those amounts.
Both sides can accept a price within the overlap, assuming other conditions are satisfactory.
Adding flexible delivery dates created a ZOPA that neither side could find when discussing price alone.
An additional negotiating dimension makes mutually acceptable combinations possible.
Common collocations
- identify a ZOPA
- expand the ZOPA
Related terms
More terms: Negotiations
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