bargaining

/ˈbɑːɡeɪnɪŋ/
noun★Intermediate— negotiation for mutual agreement
informal

The process of discussing and negotiating terms to reach a mutually acceptable agreement, often involving compromise.

Bargaining is common in markets where prices are not fixed.

In markets without fixed prices, people often negotiate to agree on a price.

She spent hours in bargaining to get the best deal on her new car.

She negotiated for a long time to secure the best price for her new car.

💡

Bargaining often involves haggling over prices, terms, or conditions, and it is common in business, shopping, and legal contexts.

Collocations

bargaining chipsomething used to gain an advantage in negotiationsbargaining powerthe ability to influence the outcome of negotiationscollective bargainingnegotiations between a group of workers and an employer

Related Phrases

drive a hard bargainidiom
to negotiate very firmly to get the best possible deal
bargain basementphrase
a store or section of a store selling items at very low prices

💡Pro Tip

Bargaining Etiquette

In some cultures, bargaining is expected, while in others, it may be considered rude. Research local customs before attempting to bargain.

⚡Gold Rule

Fairness in Bargaining

Always aim for a fair deal where both parties feel satisfied. Avoid aggressive or manipulative tactics.

📖Word Origin

From Middle English 'bargaynen' (to bargain), from Old French 'bargaignier', possibly from Frankish or Germanic roots.

📝Usage Notes

Bargaining is common in informal settings like markets or flea markets, but it can also occur in formal business or legal contexts.

Word Breakdown

bargain
an agreement or deal
root
+
-ing
the process of
suffix
English Dictionary