Friday, December 9, 2016




agentPerson or company that acts for another and provides a specified service.
agreementArrangement between two or more people or companies.
bargain priceReduced price
bedrock priceLowest possible price.
commitmentEngagement or undertaking;  to commit oneself.
compromiseEach party gives up certain demands in order to reach an agreement.
conditionA stipulation or requirement which must be fulfilled.
contractWritten agreement between two or more parties.
counter-offerOffer made in response to an offer by the other party.
counter-productiveHaving the opposite effect to that intended.
dealA business transaction.
discountReduction in price.
estimateApproximate calculation of the cost.
facilitiesEquipment (e.g. parking facilities).
feasiblePossible, something that can be done.
figure outFind a solution;  estimate the cost.
know-howPractical knowledge or skill.
joint ventureA way of entering a foreign market by joining with a foreign company to manufacture or market a product or service.
negotiateDiscuss a business deal  in order to reach an agreement.
point outDraw attention to something (e.g. the advantages of your proposal).
proposalCourse of action, or plan, put forward for consideration;
to make a proposal.
quoteGive an estimated price (a quotation).
rangeA selection of products sold by a company.
rebateReduction or discount.
supplyProvide customers with goods or services.
supplierPerson or company that supplies goods or services.
tenderA written offer to execute work or supply goods at a fixed price
turnkeyEquipment ready for use or operation (e.g. a plant or factory).
underestimateMake too low an estimate of something (cost, danger, difficulty).
work outCalculate (e.g. price of something); find a solution.

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