Definition, Meaning & Synonyms
bargaining-chip
noun
/ˈbɑːrɡənɪŋ tʃɪp/
Definition
A bargaining chip is a resource or advantage that one party can use to negotiate a more favorable outcome in a discussion or agreement.
Examples
- The company used its patents as a bargaining chip in the negotiations with the rival firm.
- During the trade talks, the government used tariffs as a bargaining chip to secure better conditions.
- In the divorce settlement, the house was a significant bargaining chip for both parties.
Meaning
It refers to something that can be used to persuade or influence another party to agree to terms that one party desires.
Synonyms
- negotiating tool
- advantage
- leverage
- instrument
- asset
