bargain


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Bargain

A reciprocal understanding, contract, or agreement of any sort usually pertaining to the loan, sale, or exchange of property between two parties, one of whom wants to dispose of an item that the other wants to obtain. To work out the terms of an agreement; to negotiate in Good Faith for the purpose of entering into an agreement.

A union engages in Collective Bargaining on proposed contract terms.

bargain

n. 1) a mutual agreement or contract between two parties which is voluntary and involves the exchange of consideration (money, goods, services, or a promise for a promise). 2) a supposed good deal. (See: agreement, contract, consideration)

bargain

noun accord, accordance, agreement, collective agreement, compact, compromise, concord, concordance, concordat, contract, convention, covenant, mutual agreement, mutual pledge, mutual understanddng, mutual undertaking, pact, pactio, settlement, stipulation, treaty, understanding
Associated concepts: arm's-length bargain, bargain and sale deed, bargain and sale in a conveyance, bargain collectively, bargain in good faith, bargain in restraint of trade, bargaining agent, bargaining unit, benefit of the bargain rule, collective bargaining, collective bargaining agreement
See also: adjustment, agree, agreement, barter, close, compact, compromise, contract, deal, dicker, discount, exchange, haggle, negotiate, pact, provision, settlement, stipulate, stipulation, term, trade, treaty

GRANT, BARGAIN, AND SELL. - By the laws of the states of Pennsylvania, Delaware, Missouri, and Alabama, it is declared that the words grant, bargain, and sell) shall amount to a covenant that the grantor was seised of an estate in fee, freed from encumbrances done or suffered by him, and for quiet enjoyment as against all his acts. These words do not amount to a general warranty, but merely to a covenant that the grantor has not done any acts nor created any, encumbrance, by which the estate may be defeated. 2 Binn. R. 95 3 Penna. R. 313; 3 Penna., R. 317, note; 1 Rawle, 377; 1 Misso. 576. Vide 2 Caines R. 188; 1 Murph. R. 343; Id. 348; Ark. Rev. Stat, ch. 31, s. 1; 11 S. & R. 109.

References in periodicals archive ?
Bargain Booze declined to comment as The Grocer went to press.
Where does this decision leave a taxpayer that acquires inventory in a bargain purchase?
Buying your car late in its model year will nearly always net you a bargain," notes Pond.
But he also said he did not feel greatly threatened by the Bargain Booze move, even though one of the first 10 existing Bargain Booze Select Convenience franchises, in Blackburn, was previously a Select & Save.
The bargains, while not at Black Friday's level, are continuing with this week's new releases.
In light of Kohler, the Court of Federal Claims issued a second opinion acquiescing to the IRS's argument that the inventory purchased at a bargain should be treated as a separate item.
The failure to bargain in good faith, coupled with the hospital's other violations of federal law, have obstructed efforts to improve conditions at the hospital, especially their inadequate health care coverage, nurses say.
The move comes just a month after Bargain Booze unveiled it s new convenience store fascia, Bargain Booze Select Convenience.
The IRS finally appears to focus on the major deficiency in the holding in LaCrosse--the bargain purchase is not the taxpayer's beginning inventory (a statement with which the taxpayer concurs in its brief).
Physician executives were significantly more likely to bargain with a superior who was not communicatively attentive, friendly, and relaxed compared to one who was.
Other stores operate under its Bargain Booze and Bargain Booze Plus fascias.
Sterling's entire opening inventory consisted of finished merchandise purchased in 1978 at a bargain price.