negotiation
    n 1: a discussion intended to produce an agreement; "the buyout
         negotiation lasted several days"; "they disagreed but kept
         an open dialogue"; "talks between Israelis and
         Palestinians" [syn: negotiation, dialogue, talks]
    2: the activity or business of negotiating an agreement; coming
       to terms

Negotiation \Ne*go`ti*a"tion\, n. [L. negotiatio: cf. F.
   n['e]gociation.]
   1. The act or process of negotiating; a treating with another
      respecting sale or purchase. etc.
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   2. Hence, mercantile business; trading. [Obs.]
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            Who had lost, with these prizes, forty thousand
            pounds, after twenty years' negotiation in the East
            Indies.                               --Evelyn.
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   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.
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            An important negotiation with foreign powers.
                                                  --Macaulay.
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NEGOTIATION, merc. law. The act by which a bill of exchange or promissory 
note is put into circulation by being passed by one of the original parties 
to another person. 
     2. Until an accommodation bill or note has been negotiated, there is no 
contract which can be enforced on the note: the contract, either express or 
implied, that the party accommodated will indemnify the other, is, till 
then, conditional. 2 Man. & Gr. 911.