Showing posts with label Negotiations. Show all posts
Showing posts with label Negotiations. Show all posts

Friday, December 9, 2016

Negotiations


Word


Meaning

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.