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English definition of “bargaining chip”

bargaining chip

noun [C]  /ˈbɑr·ɡə·nɪŋ tʃɪp/ us  
something that one side can use to persuade the other side to reach an agreement: Union leaders used the threat of a strike during the busy season as a bargaining chip.
(Definition of bargaining chip from the Cambridge Academic Content Dictionary © Cambridge University Press)
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