A significant commercial and critical success, the film earned Streep another Academy Award nomination for Best Actress, also winning Best Picture. Critic Stanley Kaufmann wrote, Meryl Streep is back in top form. This means her performance in Out of Africa is at the highest level of acting in film today.
contract negotiation. Act of two or more parties discussing points of a potential partnership arrangement. The goal is for an agreement to be made that is beneficial to all involved parties. Discussions may go back and forth between parties until all points have been agreed upon.
Popular Terms. In contract negotiations, the commitment by the vendor that the value of an interim estimate (plus contingency allowances) will not exceed the amount of the firm proposal and estimates to be submitted at a later date.