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negotiation

1. The act or process of negotiating; a treating with another respecting sale or purchase. Etc.

2. Hence, mercantile business; trading. Who had lost, with these prizes, forty thousand pounds, after twenty years' negotiation in the East Indies. (Evelyn)

3. The transaction of business between nations; the mutual intercourse of governments by diplomatic agents, in making treaties, composing difference, etc.; as, the negotiations at Ghent. An important negotiation with foreign powers. (Macaulay)

Origin: L. Negotiatio: cf. F. Negociation.