Bargain
/ˈbɑːrɡən/
Definitions
- (n.) An agreement between parties as to the terms of a transaction or contract.
They reached a bargain to sell the property for $500,000.
- (v.) To negotiate the terms and conditions of an agreement or contract.
The buyer bargained for a lower price before signing the contract.
Forms
- bargains
- bargained
- bargaining
Related terms
See also
Commentary
In legal contexts, 'bargain' often implies mutual assent and consideration; precise terms should be clearly defined to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.