Horse trading (Negotiation)
Horse trading refers to a negotiation process where parties engage in give-and-take to reach a mutually beneficial agreement. The term originates from the practice of negotiating the sale of horses, where both buyers and sellers would haggle over price and terms. This type of negotiation often involves compromise, where each side makes concessions to achieve a satisfactory outcome.
In modern contexts, horse trading can occur in various settings, including politics, business, and personal relationships. It emphasizes the importance of understanding the needs and priorities of all parties involved, allowing for creative solutions that can satisfy everyone’s interests while maintaining a balance of power.