Negotiation

NEGOTIATIONS
Vocabulary

 (e.g. means "for example")

  Agent

  Person or company that acts for another and provides a specified
  service

  Agreement

  Arrangement between two or more people or companies

  Bargain price

  Reduced price

  Bedrock price

  lowest possible price

  Commitment

  Engagement or undertaking;  to commit oneself

  Condition

  A stipulation or requirement which must be fulfilled

  Contract

  Written agreement between two or more parties

  Counter-offer

  Offer made in response to an offer by the other party

  Counter-productive

  Having the opposite effect to that intended

  Deal

  A business transaction

  Discount

  Reduction in price

  Estimate

  Approximate calculation of the cost

  Facilities

  Equipment (e.g. parking facilities)

  Feasible

  Possible, something that can be done

  Figure out

  Find a solution;  estimate the cost

  Know-how

  Practical knowledge or skill

  Joint Venture

  A way of entering a foreign market by joining with a foreign company
  to manufacture or market a product or service.

  Negotiate

  Discuss a business deal or contract in order to reach an agreement

  Point out

  Draw attention to something (e.g. the advantages of your proposal)

  Proposal

  Course of action, or plan, put forward for consideration;
  to make a proposal

  Quote

  Give an estimated price (a quotation)

  Range

  A selection of products sold by a company

  Rebate

  Reduction or discount

  Supply

  Provide customers with goods or services

  Supplier

  Person or company that supplies goods or services

  Tender

  An offer, in writing, to execute work or supply goods at a fixed price

  Turnkey

  Describes equipment ready for use or operation
  (e.g. plant or factory)

  Underestimate

  Make too low an estimate of something (cost, danger, difficulty)

  Work out

  Calculate (e.g. the price of something);  find a solution

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