NEGOTIATIONS | |
Agent |
Person or company that acts for another and provides a specified |
Agreement |
Arrangement between two or more people or companies |
Bargain price |
Reduced price |
Bedrock price |
lowest possible price |
Commitment |
Engagement or undertaking; to commit oneself |
Condition |
A stipulation or requirement which must be fulfilled |
Contract |
Written agreement between two or more parties |
Counter-offer |
Offer made in response to an offer by the other party |
Counter-productive |
Having the opposite effect to that intended |
Deal |
A business transaction |
Discount |
Reduction in price |
Estimate |
Approximate calculation of the cost |
Facilities |
Equipment (e.g. parking facilities) |
Feasible |
Possible, something that can be done |
Figure out |
Find a solution; estimate the cost |
Know-how |
Practical knowledge or skill |
Joint Venture |
A way of entering a foreign market by joining with a foreign company |
Negotiate |
Discuss a business deal or contract in order to reach an agreement |
Point out |
Draw attention to something (e.g. the advantages of your proposal) |
Proposal |
Course of action, or plan, put forward for consideration; |
Quote |
Give an estimated price (a quotation) |
Range |
A selection of products sold by a company |
Rebate |
Reduction or discount |
Supply |
Provide customers with goods or services |
Supplier |
Person or company that supplies goods or services |
Tender |
An offer, in writing, to execute work or supply goods at a fixed price |
Turnkey |
Describes equipment ready for use or operation |
Underestimate |
Make too low an estimate of something (cost, danger, difficulty) |
Work out |
Calculate (e.g. the price of something); find a solution |