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bargaining

 
 
/ˈbɑːɡɪnɪŋ/ noun [U]

Definition

discussions between people in order to reach agreement on something such as prices, wages, working conditions, etc.: Both sides were scheduled to meet today in an effort to resume bargaining.hard/tough bargaining After tough bargaining, the plan has been agreed upon with the unions. You are in a weaker bargaining position if you are a casual, temporary, or contract worker.
→ See also collective bargaining, pay bargaining, workplace bargaining
(Definition of bargaining noun from the Cambridge Business English Dictionary © Cambridge University Press)

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