bargain


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Bargain

1. To negotiate. For example, if the asking price for a house is $300,000 and a potential buyer does not want to pay that much, he may bargain with the seller to lower the price to $280,000.

2. A purchase with a price lower than fair market value, or at least lower than competitors' prices.

bargain

  1. the sale of a product at a cut price as a means of promoting sales of the product. See SALES PROMOTION.
  2. the sale or purchase of a FINANCIAL SECURITY on the STOCK MARKET.
References in periodicals archive ?
The Federal Circuit reasoned that the regulations require that reconstructed cost be established to the IRS's satisfaction, and that the LIFO method cannot be used to postpone the realization of gains associated with the bargain purchase of inventory, pursuant to Kohler Co.
From a great rate on a credit card to a rock-bottom price on an overseas vacation, here are some strategies for smart shoppers determined to bag the better bargain.
The Board contended that the ruling conformed with a requirement imposed by the Congress in 1974 when it extended to employees of nonprofit health care facilities the right to bargain on wages and benefits.
These policies can effectively take the bat out of a school board's hand, sometimes imposing mandatory settlement terms on even those boards willing to drive a hard bargain.
351 transaction retained its bargain-purchase attribute (despite the fact that the actual goods transferred were not the physical goods acquired by the transferor in the bargain purchase).
This position enabled the Claims Court to adhere to the analysis in Kohler (to which the court was bound by precedent but disagreed), but allowed the taxpayer to permanently avoid taxation of the bargain element in the purchase.