Negotiation

Part of speech: noun (n.)

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.