bargain

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Related to bargain for: higgling

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 ?
Like bargaining in the commodity market where the sellers try to sell commodities at higher possible prices, and the buyers seeks to purchase at lower possible prices, in collective bargaining the sellers of labour services, (workers) bargain for obtaining better and improved terms and conditions of employment, and the buyers of these services try to purchase them at lower price as possible.