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 ?
A person who pleads guilty of possession of up to 4.99 grams of shabu, opium, morphine, heroin, cocaine and other dangerous drugs; or less than 300 grams of marijuana would be allowed to seek a plea bargaining agreement, it stated.
'Plea bargaining in these 'small-time' or 'low-level' drug cases will result in the prompt and final disposition of cases that in effect will unclog the court dockets and our jails,' he added.
But the Japanese miracle was a product of the joint effort of unions and industry, made possible by the system of collective bargaining and social dialogue.
Bargaining tactics can be used when looking for second-hand items online too.
"The Union requested to bargain over certain aspects of the psychological examination, and the City refused the bargaining demand.
There is a difference between plea bargaining and converting a suspect into a state witness.
According to the Board, this way of phrasing things 'presented the Union with no opportunity for meaningful bargaining.' We doubt that unions are so easily cowed."
Members working for Metlifecare facilities were to be asked earlier this month what claims should be brought to the bargaining table.
In this study, we present the first evidence on how laws that support teacher collective bargaining affect students' employment and earnings in adulthood.
Generally, however, an employer with represented employees who intends to sell the business, while not obligated to engage in decisional bargaining, is obligated to engage in "effects bargaining" concerning the sale.
(2) Labour laws are designed to provide workers with adequate minimum labour standards, including access to collective representation and bargaining to establish and maintain fair working conditions.
There is a logical argument for targeted bargaining prohibitions, which goes like this: When an education policy issue is determined through collective bargaining, the public is shut out of the policy-making process.