Definition, Meaning & Synonyms

bargaining-position

noun

/ˈbɑːr.ɡɪn.ɪŋ pəˈzɪʃ.ən/

Definition

The stance or situation of a party in negotiations that influences their ability to make demands and secure favorable terms.

Examples

Her strong bargaining position allowed her to negotiate a higher salary.
Understanding your opponent’s bargaining position can help you strategize more effectively.
The union’s bargaining position improved significantly after the company reported record profits.

Meaning

Bargaining position refers to the strength or leverage a person or group has during negotiations. It is shaped by various factors including alternatives available, power dynamics, and overall negotiation strategy.