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)

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 ?
And union workers, such as those at Freightliner, have bargained away pay and benefits to save their jobs.
Across the country such charges are routinely plea bargained away as prosecutors seek easy convictions and judges seek to un-clog their court rooms.
What electors do not expect to happen is for the principles they believe they voted for to be bargained away in the pursuit of power and personal advancement."
Bussidor maintains that at least 12,950 hectares of traditional Dene territory was bargained away by the federal government through the Inuit land claim.
Less involved in the international economy than either the North or the South, Westerners bargained away their foreign policy votes in return for support on other issues.
In addition to putting back everything they had bargained away, they drew up some new provisions at the behest of organized labor.
Even in Coase's world of defined property rights and zero transactions costs policy relevant externalities would be scarce as they will theoretically be bargained away. Externalities are a property rights-transactions cost problem; any theory incapable of evaluating them as such is a leap backward.
The right of Filipinos to know the terms of an indebtedness they have been indentured to pay for the next 20 years was bargained away by their own government.
Women in patriarchal societies are often treated as expendable collateral and their rights the first to be bargained away in any renegotiation of power, but no modernisation drive can succeed without their emancipation.
They are people from all walks of life, and can't be ignored or bargained away."
"However, all too often in cases with multiple charges, police assaults are plea bargained away."
For Khamenei, increasing US and Israeli concerns regarding the nuclear program may enhance its value as a deterrent and point of leverage in Iran's conflict with the United States, making the nuclear program is a major tool to be used against the United States, rather than a prize to be bargained away.