deal-making

Vocabulary Word

Definition

Deal-making involves negotiating terms and reaching an agreement or bargain. It's often about finding a middle ground that's satisfactory for all parties involved.

Examples in Different Contexts

In business negotiation, 'deal-making' involves the process of reaching an agreement that benefits all parties involved. A business consultant might say, 'Effective deal-making requires understanding the needs of both sides and finding a mutually beneficial solution.'

Practice Scenarios

Business

Scenario:

I think it's time we consider expanding our business into the Asian market. There's a lot of potential for us there.

Response:

I agree, we should start the deal-making process with potential partners in Asia.

Creative

Scenario:

This bestselling author writes engaging stories. Should we approach them for film rights?

Response:

Absolutely. Let's begin the deal-making for the film rights.