bargain

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Related to bargainers: haggling, hagglers, dickered

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 ?
When bargainers undergo relationship, they indicate concern for their equivalent (Peters, 2014b), which supplies a mainstay for confidence.
libertarian's status as a Bargainer or a Battler largely depends on what issue he or she works on every day.
The presence of a fact-finder, given risk-averse bargainers, makes the ex post contract zone smaller than the no fact-finder contract zone, as the effect of bargainer beliefs about the arbitrator and of risk aversion are reduced by 1 - [gamma] and [(1 - [gamma]).
Once the final offers are exchanged, the bargainers must also assess the likelihood of winning the case should they remain at impasse.
But it died when House bargainers refused to accept it on a voice vote;
At a moderately high level of first-order uncertainty, we find that an accounting information system that lowers second-order uncertainty halves the time bargainers need to reach agreement and decreases the premium paid to the bargainer bearing increased risk by 43 percent.
The passage from January 5th to 6th became a long night that paid off for city bargainers and brought cheers from a real estate industry that was ready to play ball and not strike out.
Second, and the most important topic of this article, how will German collective bargainers react to the demise of the Bundesbank and its replacement by the ECB, and what will be the consequences?
Thus, rendering the central bank more independent of political control will increase the credibility of its assurances that monetary policy will remain tight, thereby allowing wage-price bargainers to lower their nominal contracts by reducing their fears about the real-wage and real-return losses that unanticipated inflation would generate.
This information guided the simulated bargainers in forming new demand strategies.
SNP industry spokesman Alasdair Morgan said: "These types of companies are hard bargainers so they'll be trying to milk it for all its worth.
Here is a situation that rational bargainers could have settled peacefully, but it slid into war through misunderstanding, misinterpretation, cabinet squabbles, and public opinion demanding war.