Examlex
The actual purchase price paid for a target firm is determined doing the negotiation process and is often quite different from the initial offer price stipulated in a letter of intent.
Hierarchical
Relating to the classification or arrangement of individuals or entities based on rank, order, or authority within a structure.
Public Sector Bargaining
The negotiation process between government employers and unions representing public sector employees to settle terms of employment.
Federal Level
Pertains to the national government level, as opposed to state or local levels, often in reference to laws, regulations, or administrative agencies.
BATNA
Best Alternative To a Negotiated Agreement, the most advantageous course of action a party can take if negotiations fail and an agreement cannot be reached.
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