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negotiate
/nɪˈgəʊʃieɪt/ verbDefinition
› [I] MEETINGS to have formal discussions with someone in order to reach agreement: The dealers who negotiate on behalf of clients are known as commodity brokers.negotiate with sb/sth The merger agreement requires that we don't negotiate with any other company.negotiate for sth He is negotiating for higher royalties from the record company.negotiate on/over sth Unions are negotiating over pensions.negotiate to do sth The company is negotiating to buy a multi-million dollar stake in one of the world's biggest oil fields.
› [T] MEETINGS to achieve, arrange, or agree to something by having formal discussions with someone: negotiate a contract/deal/settlement The unions should take the opportunity to negotiate further pay deals as soon as possible.negotiate a discount/fee/price Retailers should be allowed to negotiate prices directly with producers.
› [T] BANKING, FINANCE to discuss the details of borrowing money from a bank, etc. such as how much they will lend you and what rate of interest you will pay: negotiate financing/a loan/a mortgage The organization can negotiate a loan based on its assets and future contracts.
› [T] FINANCE, BANKING to get or give a sum of money in exchange for a financial document of the same value: negotiate a bill of exchange/a cheque We can negotiate any single cheque up to the value of £2000.
› [T] to deal with something difficult: The company has had some difficult problems to negotiate in its first year of business.
(Definition of negotiate verb from the Cambridge Business English Dictionary
© Cambridge University Press)
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