Definitions for bargaining
bar·gain·ing

Princeton's WordNetRate this definition:1.0 / 1 vote

1. bargainingnoun

   the negotiation of the terms of a transaction or agreement

ChatGPTRate this definition:0.0 / 0 votes

1. bargaining

   Bargaining is a negotiation process between two or more parties where each aims to reach an agreement that suits their interests, needs, or desires, often involving adjustments of certain terms such as price, conditions, or deadlines. This can take place in various contexts, such as business transactions, diplomatic negotiations, legal settlements, or everyday personal interactions.

Webster DictionaryRate this definition:5.0 / 1 vote

1. Bargaining

   of Bargain

WikidataRate this definition:4.6 / 5 votes

1. Bargaining

   Bargaining or haggling is a type of negotiation in which the buyer and seller of a good or service dispute the price which will be paid and the exact nature of the transaction that will take place, and eventually come to an agreement. Bargaining is an alternative pricing strategy to fixed prices. Optimally, if it costs the retailer nothing to engage and allow bargaining, he can divine the buyer's willingness to spend. It allows for capturing more consumer surplus as it allows price discrimination, a process whereby a seller can charge a higher price to one buyer who is more eager. Haggling has largely disappeared in parts of the world where the cost to haggle exceeds the gain to retailers for most common retail items. However, for expensive goods sold to uninformed buyers such as automobiles, bargaining can remain commonplace. Dickering refers to the same process, albeit with a slight negative connotation. Bargaining is also the name chosen for the 3rd stage of the Kübler-Ross model, even though it has nothing to do with price negotiations.

Matched Categories

1. • Negotiation

British National Corpus

1. Nouns Frequency

   Rank popularity for the word 'bargaining' in Nouns Frequency: #2657

How to pronounce bargaining?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say bargaining in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of bargaining in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of bargaining in Pythagorean Numerology is: 1

Examples of bargaining in a Sentence

1. Katie HillIn:

   I am leaving because I no longer want to be used as a bargaining chip.

2. Labor Thomas Perez:

   The best way to resolve this labor dispute is at the bargaining table, and I am heartened by the parties ’ mutual commitment to get back to immediate discussions and work toward a new contract.

3. Matt Hollis:

   The unions have been clear from our very first bargaining session that a dollar in the first year is not enough, a dollar does not afford Disney workers with the ability to keep up with the skyrocketing rent increases. And a dollar does not afford Disney workers with the ability to continue to purchase basic necessities, such as food, gas and utilities.

4. Scott Boras:

   We’ve had an interruption in our sport which was unforeseen and lengthy and when you look back at our bargaining history, there’s not been an interruption of that length in modern time, and for those reasons, I think the clarity of each side’s advances is something that is going to be measured within the framework of the recent influence of the pandemic on baseball.

5. Barack Obama:

   He is bragging about how he destroyed collective bargaining rights in his state, and [he] says that busting unions prepares him to fight ISIL. I didn't make that up. That's what he said.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=bargaining
2. ^ ChatGPT
   https://chat.openai.com
3. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/bargaining
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=bargaining