Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Negotiate
ub. 1. To communicate with another party for the purpose of reaching an understanding <they negotiated with their counterparts for weeks on end>. 2. To bring about by discussion or bargaining <she negotiated a software license agreement>. 3. To transfer (an instrument) by delivery or indorsement, whereby the transferee takes the instrument for value, in good faith, and without notice of conflicting title claims or defenses <Jones negotiated the check at the neighborhood bank>.
invitation to negotiate
A solicitation for one or more offers, usu. as a preliminary step to forming a contract. - Also termed invitation seeking offers; invitation to bid; invitation to treat; solicitation for bids; preliminary letter. Cf. OFFER.
negotiated market
A market (such as an over-the-counter securities market) in which buyers and sellers seek each other out and negotiate prices. Cf. auction market.
negotiated offering
See OFFERING.
negotiated plea
The plea agreed to by a criminal defendant and the prosecutor in a plea bargain. See PLEA BARGAIN. Cf. blind plea.