Word Meaning Example
alternatives any other choices a person or group has, rather than agreeing with the other person or group "We can ask them to do A if we do B, but they have many alternatives."
arbitration when a neutral person or group comes in to settle a disagreement "If we can't agree by midnight tomorrow, this case will go to arbitration."
commitment an obligation to do something or deliver something "We've made a commitment on this point. If we don't do it, the agreement will fall apart."
compromise an agreement where you get less than you want but also give less than the other person wants "If we don't compromise, this deal will never get done."
concession accepting less on one specific point in order to get something from the other person on a different point "Okay, you've made a concession on price, so we can make a concession on the delivery date."
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