negotiate

Vocabulary Word

Definition

'Negotiate' means to confer with others to reach an agreement or compromise. It can be about anything, from price and terms in a business deal to resolving disagreements in a team.

Examples in Different Contexts

In literature, characters often 'negotiate' their personal or moral dilemmas. An author might pen, 'She negotiated her dual loyalties, torn between her family and the cause she believed in.'

Practice Scenarios

Tech

Scenario:

The new tech tools come with licensing agreements that aren't completely favorable to us. Maybe we need to approach this differently.

Response:

To enjoy the full benefits, we should negotiate the licensing agreements to suit our needs and the vendor's.

Business

Scenario:

The supplier offered a significant price increase which is out of line with our budget. We need to manage this strategically.

Response:

It's crucial for us to negotiate lower costs to fit into our budget without compromising quality.