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Definitions
bargaining power Tweet Definition of bargaining power Like Definition of bargaining power on Facebook
noun ((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.
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