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Negotiation Vocabulary
Negotiation Vocabulary
Negotiation Vocabulary
alternatives other options We can't offer you the raise you requested, but
noun let's discuss some other alternatives.
amplify expand; give more Could you amplify on your proposal please?
verb information
arbitration conflict that is addressed by We're better to settle this between us, because a
noun using a neutral third party formal arbitration will cost both of us money.
bargain try to change a person's We bargained on the last issue for over an hour
verb mind by using various before we agreed to take a break.
tactics
bottom-line the lowest one is willing to I'll accept a raise of one dollar per hour, but that's
noun go my bottom-line.
compensate make up for a loss If you are willing to work ten extra hours a week
verb we will compensate you by paying you overtime.
resolution
concession a thing that is granted or I think we can offer all of these concessions, but
noun accepted not all at once.
counter the offer/request which is In their counter proposal they suggested that we
proposal presented second in keep their company name rather than creating a
noun response to the first new one.
proposal
counterattack present other side of an Before we could start our counterattack they
verb/noun issue suggested we sign a contract.
counterpart person on the other side of I tried to close the discussions at noon, but
noun the negotiations my counterpart would not stop talking.
word meaning example sentence
part of speech
cordially politely In the past I have had little respect for that client,
verb/noun but today she spoke cordially and listened to my
point of view.
demands needs/expectations that one side They had some last minute demands that
noun believes it deserves were entirely unrealistic.
deadlock point where neither party will give When the discussions came to a deadlock we
noun in wrote up a letter of intent to continue the
negotiations next week.
dominate have the most control/stronger Max has such a loud voice, he tends
verb presence to dominate the conversations.
haggling arguing back and forth (often about We've been haggling over this issue for too
verb prices) long now.
demands needs/expectations that one side They had some last minute demands that
noun believes it deserves were entirely unrealistic.
hostility long-term anger towards another I want you to know that we don't have
noun any hostility towards your company despite
last year's mixup.
high-ball make a request that is much higher I'm planning to high-ball my expectations
verb than you expect to receive when I open the discussion.
impulse quick decision without thought or I acted on impulse when I signed that six-
noun time month contract.
leverage (bargaining power) something that We have a little bit of leverage because we
noun gives one party a greater chance at are the only stationary company in town.
succeeding over another
log-rolling trading one favour for another After a bit of log-rolling we came to an
noun agreement that pleased both of us.
low-ball offer something much lower than I was expecting my boss to low-ball in the
verb you think the opponent will ask for initial offer, but he proposed a fair salary
increase.
mislead convince by altering or not telling They misled us into thinking that everything
verb the whole truth about something could be resolved today.
mutual agreed by both or all The decision to call off the merger
demands needs/expectations that one side They had some last minute demands that
noun believes it deserves were entirely unrealistic.
point of person's ideas/ thoughts From my point of view it makes more sense
view to wait another six months.
noun
pressure work hard to convince another of an He pressured me to accept the terms by using
verb idea intimidation tactics.
receptive open to/interested in an idea His positive body language demonstrated that
adj he was receptive to our suggestions.
resentment anger held onto from a previous Mary's resentment stems from our not
noun conflict choosing her to head the project.
resolve end conflict, come to an agreement Before you can resolve your differences you'll
verb both need to calm down.
demands needs/expectations that one side They had some last minute demands that
noun believes it deserves were entirely unrealistic.
tactics strategies used to get one's goals There are certain tactics that all skillful
noun met negotiators employ.
tension feeling of stress/anxiety caused by There was a lot of tension in the room when
noun heavy conflict George threatened to quit.
trade-off terms that are offered in return for Lower payments over a longer period of time
noun something else sounded like a fair trade-off until we asked
about interest charges.
ultimatum a final term that has serious His ultimatum was that if I didn't agree to
noun consequences if not met give him the raise he asked for, he'd quit today
without two week's notice.
unrealistic very unlikely to happen It's unrealistic to think that we will have all of
adj our demands met.
yield to give in to another's requests The client will only yield to our conditions, if
verb we agree to work over the holiday weekend.
Compromising
When you simply cannot get everything you want, you will need to meet your partner
halfway. Here are some ways to express you are willing to accept some terms in exchange for
others:
20. We might be able to work on…, if you could…
21. We could offer you…, if you think you can agree on…
22. Offering you… is the best we can do right now. However, we’d need your approval
on…
23. In exchange for…, would you agree to…?
Clarifying
Whenever you feel your partner is being vague or ambiguous (imprecise or uncertain), it is
extremely important to clarify things on the spot. Otherwise, the negotiation may take the
wrong direction and it may be too late to set the record straight. So play it safe and clarify
details early on by using any of these phrases:
24. Let me make sure I got your point.
25. I’m not sure I understood your position. Could you please tell me again how you feel
about…?
26. I just want to make sure I got this part straight.
Concluding
Before you end the negotiation, it is always a good idea to recap (review or go over again) the
main points you agreed or disagreed on. Here are some things you could say:
27. Let’s look at what we decided to do.
28. Shall we try to sum up the main points of our discussion?
29. Let’s sum this up really quickly to make sure we are on the same page.