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 OPSEU Unified Bargaining Unit includes employees who work in a wide variety of jobs such as administrative staff, enforcement officers, social workers, meat inspectors and IT systems officers.
But our results show that laws requiring school districts to engage in collective bargaining with teachers unions lead students to be less successful in the labor market in adulthood.
While the very limited case authority from the Board provides no clear answer, an employer is well advised to timely notify the union of the stock sale and engage in effects bargaining if requested -- even though in most instances there are few, if any, effects over which to bargain.
The nature of collective bargaining is changing and dynamic.
In sum, the FTC found that NTSP is able to exert collective bargaining power and fix prices because NTSP does not messenger contracts below its minimum reimbursement schedule.
The collaborative approach used in San Lorenzo is representative of a negotiation method called interest-based bargaining that a number of districts and other organizations are embracing.
Bargaining is most impacted by the culture in the overseas country.
Academics have already written a number of histories of plea bargaining in Massachusetts and elsewhere, but this one is different.
With the introduction of the ECA, bargaining was reduced to the single employer level, except in cases where the employer was willing to continue to multi employer bargaining.
This may occur where the company's owner purports to bargain on behalf of employees, but the arrangement actually benefits the owner with little benefit for other employees, or in other cases where the facts indicate a lack of good faith bargaining for non-owner employees.