Word Meaning Example
package a combination of options that has been offered as a solution "John put this package together last night. Let's look at each option and see if we really want to offer this."
party either side in a negotiation is called a party, whether one individual or a whole group "If party A accepts party B's proposal, then the negotiation is finished."
proposal any suggestion or idea given to one party from the other "We'll look at your proposal during the coming week and give you our response the following Monday."
tentative solution an agreement that depends on some conditions, so that it might not be a final agreement "At last we've reached a tentative agreement. Perhaps these long negotiations will be over soon."
trade-off an exchange process in which one side gives up partly on some issues in order to gain on other issues "There are always trade-offs when negotiating. You can't win them all!"
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