Negotiation is a process of communication and discussion between two or more parties with the aim of reaching a mutually acceptable agreement or resolution to a conflict or dispute. It involves the exchange of offers, counteroffers, and concessions in order to find a middle ground that satisfies the interests and needs of all parties involved. Negotiation can occur in various settings, such as business transactions, labor disputes, diplomatic negotiations, or personal relationships. Effective negotiation skills are essential in achieving successful outcomes and maintaining positive relationships.