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Bargain |
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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) 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. |
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? References in periodicals archive |
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Jack Greenhalgh, a retired priest in the diocese of Kootenay, drove a hard bargain when he negotiated his terms of (unpaid) employment with Big White Ski Resort, 45 minutes east of Kelowna in B. The White House Office of National Drug Control Policy (ONDCP) drove a hard bargain, negotiating for a $1 billion cash package and another $1 billion in free air time and other media considerations for its messages - those ``this is your brain on drugs'' spots, among others. when they acquire more capital and recover from paying for their acquisitions, in which he said the government drove a hard bargain. |
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