bargaining Definition
- 1negotiating the terms and conditions of a transaction or agreement
- 2an agreement between two or more parties as to what each party will do for the other
Using bargaining: Examples
Take a moment to familiarize yourself with how "bargaining" can be used in various situations through the following examples!
Example
The bargaining process was long and difficult, but we finally reached an agreement.
Example
She is skilled at bargaining and always gets a good deal.
Example
The company is in a bargaining position because of its strong financial position.
Example
The union and management are currently engaged in collective bargaining.
bargaining Synonyms and Antonyms
Synonyms for bargaining
- negotiation
- haggling
- trading
- commerce
- deal-making
Antonyms for bargaining
- fixed price
- non-negotiable
Phrases with bargaining
something that can be used to gain an advantage in negotiations
Example
The company's strong financial position was a bargaining chip in the negotiations.
the ability to negotiate from a position of strength
Example
The union had strong bargaining power because of the threat of a strike.
the place where negotiations take place
Example
The two sides sat down at the bargaining table to try to reach an agreement.
Summary: bargaining in Brief
The term 'bargaining' [ˈbɑːɡənɪŋ] refers to the process of negotiating the terms and conditions of a transaction or agreement. It involves give-and-take between two or more parties, often with the goal of reaching a mutually beneficial outcome. 'Bargaining' can also refer to the agreement itself, as in 'We finally reached a bargaining.' Phrases like 'bargaining chip' and 'bargaining power' denote elements that can be used to gain an advantage in negotiations.
