- 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 negotiator2. 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.