onderhanden
Onderhanden is a Dutch term used as an adjective or adverb to describe negotiations or outcomes that arise through private negotiation rather than through public bidding or an open process. In everyday usage it denotes that terms, prices, or agreements are being determined via direct dialogue between the involved parties. The concept is common in real estate, procurement, and contract law, where a sale, purchase, or award can be described as onderhands when conducted outside of a formal auction or public tender. It also appears in phrases such as onderhandelingsruimte (room for negotiation) and prijs onderhandelbaar (price negotiable).
In real estate, een woning of bedrijfspand can be sold onderhands, meaning the sale is arranged through
Etymology and usage notes: the word derives from onder (under) and handen (hands) and historically conveyed the
See also: openbare aanbesteding, onderhandse verkoop, veiling, prijs onderhandelbaar.