English Dictionary - With Multi-Lingual Search

English

Noun
bargaining power (plural bargaining powers)

1. economics The ability to influence the setting of prices or wages, usually arising from some sort of monopoly or monopsony position -- or a non-equilibrium situation in the market.
2. business The general concept of how much leverage or influence a bargainer has in the course of a negotiation.

• 2007-05-19 02:44 - Connel MacKenzie - [[User:Connel MacKenzie/clean|Random cleanup]], -rfc

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