negotiation UK /nɪˌɡəʊ.ʃiˈeɪ.ʃən/US /nɪˌɡoʊ.ʃiˈeɪ.ʃən/ noun1 •The process of achieving agreement through discussion.The specifics of the contract are still under negotiation.The two parties entered into negotiations about the merger. formsnegotiations