Bargaining (Noun)
Meaning
The negotiation of the terms of a transaction or agreement.
Classification
Nouns denoting communicative processes and contents.
Examples
- The union representatives engaged in intense bargaining with the company's management to secure better wages and benefits for their members.
- The real estate agent facilitated the bargaining process between the buyer and seller, helping them reach a mutually acceptable price.
- After several rounds of bargaining, the two parties finally agreed on the terms of the contract.
- The art of bargaining is essential in business, as it can make or break a deal.
- The team's bargaining strategy involved making a low initial offer and gradually increasing it to meet the seller's demands.