- negotiate
- negotiate ne‧go‧ti‧ate [nɪˈgəʊʆieɪt ǁ -ˈgoʊ-] verb1. [intransitive, transitive] to discuss something in order to reach an agreement:
• Union leaders have negotiated an agreement for a shorter working week.
• They negotiated a new contract with the sellers.
negotiate with• The firm is negotiating with its creditors to restructure its debt.
— negotiator noun [countable] :• a former U.S. trade negotiator
2. negotiate a loan to discuss with a bank or other organization that lends money the amount they will lend you, the rate of interest they will charge etc3. [transitive] BANKING to exchange money or goods by using a document such as bill of exchange that allows you to do this* * *
negotiate UK US /nɪˈgəʊʃieɪt/ verb► [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.
Financial and business terms. 2012.