Bargaining
/ˈbɑːrɡənɪŋ/
Definitions
- (n.) Negotiation process between parties to reach a mutual agreement, often seen in contracts or labor disputes.
Collective bargaining allows employees and employers to negotiate work conditions.
- (v. (gerund)) The act of engaging in negotiations to settle terms or agreements.
The parties are bargaining over the terms of the merger.
Forms
- bargainings
- bargained
Related terms
See also
Commentary
In legal contexts, bargaining typically refers to the negotiation phase and may be qualified (e.g., collective bargaining in labor law). Drafting should clarify the parties' roles and scope of negotiations.
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.