NEGOTIATION VOCABULARY English Business Negotiation

Reduce price=

• Bedrock Price

• Bargain Price

_____ means each party gives up certain demands in order to reach an agreement.

• Commitment

• Contract

• Compromise

Figure out=

• To find solution

• To give an estimated price

• To have the opposite effect to the intention

Make to low an estimate of something

• Contract

• Underestimate

• Deal

Know-how means practical _____ or _____

• knowledge, money

• equipment, skill

• knowledge, skill

_____ means a selection of products sold by a company

• Range

• Condition

• Feasible

Discount means _____

• Lowest possible price

• An estimated price

• Reduction in price

Company supplying goods is known as ______

• Supply

• Supplier

Lowest possible price in English business negotiation is known as

• Bargain Price

• Bedrock Price

Tender means a written offer to execute _____

• Price

• Work

• Solution