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n. 1) the transfer of a check, promissory note, bill of exchange or other negotiable instrument to another for money, goods, services or other benefit. 2) give-and-take discussion or conference in an attempt to reach an agreement or settle a dispute. (See: negotiable instrument)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

NEGOTIATION, contracts The deliberation which takes place between the parties touching a proposed agreement.
     2. That which transpires in the negotiation makes no part of the agreement, unless introduced into it. It is a general rule that no evidence can be given to add, diminish, contradict or alter a written instrument. 1 Dall. 426; 4 Dall. 340; 3 S. & R. 609; 7 S. & R. 114. See Pourparler

NEGOTIATION, merc. law. The act by which a bill of exchange or promissory note is put into circulation by being passed by one of the original parties to another person.
     2. Until an accommodation bill or note has been negotiated, there is no contract which can be enforced on the note: the contract, either express or implied, that the party accommodated will indemnify the other, is, till then, conditional. 2 Man. & Gr. 911.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
The created Real-Time Housing Multiple-Criteria Bargaining Decision Support System considers each negotiation tactics, generates relevant bargaining e-mails and, once the buyer has reviewed and revised them, sends them to home sellers selected by the buyer for bargaining.
negotiation tactics that while ethical, may not fit into the contractual
Those that use cooperative negotiation tactics work on gaining the best outcome for both parties.
Leith's detailing of the evolution of the Blue Metropolis Foundation, and its festival, reads like a really well-written textbook on negotiation tactics. Her story weaves intimate, personal details into a politically correct memoir that is worth reading.
The Minister further reported the Bulgarian Energy Holding (BEH) has hired a prestigious bank to do a new analysis of the financial model, pointing out strong words coming from both sides were simply negotiation tactics.
Moderated by Chicago Chapter Vice President of Communications, Yvonne Jones, CPM[R], the discussion covered such topics as the types of changes needed to adapt to changing market conditions, the differences in negotiation tactics and style based on location, lease clauses that may be incorporated during tenant negotiation, how property managers are being trained to negotiate in today's market, and what challenges lie ahead for property owners and managers in commercial real estate.
This was the real question that needed answering by EU heads of state and government, meeting in Brussels on 29-30 October, returning to the debate on defining negotiation tactics. This is what the President of the Council, Sweden's Fredrik Reinfeld, and the European Commission's President, Jose Manuel Barroso, explained as they insisted on the need for a strong and coherent mandate.
Smith: Negotiation tactics; Blair: Glad to help Burley
His background as an organizer for blue-collar unions representing plumbers and textile workers raised red flags, and fears that would bring blue-collar agitation and negotiation tactics to the fore in representing the decidedly white-collar workers on the WGA West.
Written for anyone trying to obtain this type of financing, this book also explores negotiation tactics, initial valuations and the due diligence process.
Running away from a stranger (the similarity-attraction effect) or sharing food only with those who previously shared with you (reciprocity) made sense then, and the same heuristics affect our negotiation tactics as attorneys.
Teachers have accused the School Committee and superintendent of using heavy-handed negotiation tactics.