term:

Negotiate

negotiate vb

-at·ed
-at·ing
vi
: to confer with another so as to settle some matter
vt
1 : to bring about through conference, discussion, and agreement or compromise [ a contract]
2 a : to transfer (as an instrument) to another by delivery or endorsement
b : to convert into cash or the equivalent value [ a check]
ne·go·ti·a·tion [ni-gō-shē-ā-shən]
n

ne·go·ti·a·tor [ni-gō-shē-ā-tər]
n

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.