Meaning of the word "negotiate a deal" in English

What does "negotiate a deal" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

negotiate a deal

US /nɪˈɡoʊʃiˌeɪt ə dil/
UK /nɪˈɡəʊʃieɪt ə dil/

Phrase

to discuss and come to an agreement on the terms of a transaction or arrangement

Example:
The companies are trying to negotiate a deal for the merger.
It took weeks to finally negotiate a deal that satisfied both parties.