negotiation

Universal Words noun [C,often pl.,U] formal discussion between people who are trying to reach an agreement: peace / trade / wage negotiations * They begin another round of negotiations today. * to enter into / open / conduct negotiations with sb * The rent is a matter for negotiation between the landlord and the tenant. * A contract is prepared in negotiation with our clients * The issue is still under negotiation. * The price is generally open to negotiation.