Meaning of “negotiation” in the English Dictionary

"negotiation" in British English

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negotiationnoun [ C or U ]

uk /nəˌɡəʊ.ʃiˈeɪ.ʃən/ us /nəˌɡoʊ.ʃiˈeɪ.ʃən/

C1 the process of discussing something with someone in order to reach an agreement with them, or the discussions themselves:

The agreement was reached after a series of difficult negotiations.
The exact details of the agreement are still under negotiation.
Negotiation for the pay increase is likely to take several weeks.

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(Definition of “negotiation” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"negotiation" in American English

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negotiationnoun [ C/U ]

us /nɪˌɡoʊ·ʃiˈeɪ·ʃən/

the process of discussing something with someone in order to reach an agreement, or the discussions themselves:

(Definition of “negotiation” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"negotiation" in Business English

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negotiationnoun

uk /nɪˌɡəʊʃiˈeɪʃən/ us

[ C, usually plural or U ] a formal discussion between people who are trying to reach an agreement:

begin/enter into/be in negotiations (with someone) The board is certainly willing to enter into negotiations to find common ground, he said.
The company is starting a new round of negotiations with its main workforce.
budget/contract negotiations
There was little room for negotiation.
open to negotiation

able to be discussed and changed by people who are trying to reach an agreement:

The terms of the contract are still open to negotiation.
under negotiation

in the process of being discussed by people who are trying to reach an agreement:

The revised contract has been under negotiation for several months.

[ U ] FINANCE, BANKING the process of changing a cheque into money:

Payment by negotiation can only be used if the draft or cheque is in the local currency of the country on which it is drawn.
a negotiation fee

[ U ] FINANCE the process of changing the legal owner of a cheque, a bill of exchange, etc.:

The transfer of a cheque by negotiation is a transfer from the holder to another person.

(Definition of “negotiation” from the Cambridge Business English Dictionary © Cambridge University Press)