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Business English (Negotiation Updates)

Negotiation Updates


Deadlock
Offer
Counteroffer
Won't budge
Back down
Early stages
Broken down
Stall
Bluff
Progressing
Terms and conditions
Renegotiate


Sample Sentences:
1. I don't think we're going to win the contract. We've reacheda deadlock on the price of the project.


2. We made them a very reasonable offer, it was very competitive.


3. They came back with a counteroffer on Monday where they not only wanted a 20% reduction in price, but also wanted to have 24 hour customer support instead of the 18 hours that we offered them.


4. I told them that in what they are demanding, we could not do it, because we would make a large loss. But it didn't change anything, they won't budge.


5. The worst thing you can do now is to panic and back down and give them a much lower price.


6. The negotiation is still in its early stages.


7. Maybe it's not so serous as you think, at least the negotiations haven't broken down and they are still continuing.


8. It's common for negotiations to stall over issues like this.


9. I negotiated with them 3 years ago and their chief negotiator tried to bluff me, by saying 'This is the price we'll pay.


10. They are very happy with the terms and conditions that we are offering them.


11. In my opinion, I think they are ready to sign.


12. It looks likely that we'll have to renegotiate the Pemberton Contract. Meaning:
1. When a negotiation isn't moving or progressing, is stall.
2. When a negotiation can't progress because of a fundamental disagreement, is deadlock.
3. When somebody who has refused to make a compromise, then does it, is back down.
4. The actual details of an agreement, are called the terms and conditions.
5. An amount of money that one side/party proposes to pay the other for goods or services, is an offer.
6. The name of an 'offer' that one side/party makes after rejecting the other side/party's offer, is a counteroffer.
7. When you try to deceive the other side/party that you'll stop the negotiations unless they agree to your demands, even though you really don't want to or can't, is bluff.
8. When a negotiation has finished without any agreement being made, is broken down.
9. The beginning phase/part of negotiations is often called the early stages.
10. When somebody won't change their position in a negotiation, they won’t budge.
11. When a negotiation is going OK, it is progressing.
12. When one side/party wants to change a part of an existing contract, is renegotiate.
13. A phrase that means that somebody is going to make a deal, is ready to sign.

Negotiation Updates.pdf