bargaining power

bargaining power
a) 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.
b) The general concept of how much leverage or influence a bargainer has in the course of a negotiation.

Wikipedia foundation.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Bargaining power — is a concept related to the relative abilities of parties in a situation to exert influence over each other. If both parties are on an equal footing in a debate, then they will have equal bargaining power, such as in a perfectly competitive… …   Wikipedia

  • bargaining power — ➔ power1 * * * bargaining power UK US noun [U] ► the power that someone has in discussions with someone else to reach an agreement that is to their advantage: »If you are buying a new car with cash, you have great bargaining power. »As… …   Financial and business terms

  • bargaining power — noun : the relative capacity of each of the parties to a negotiation or dispute to compel or secure agreement on its own terms widespread unemployment is adding to employers bargaining power in their talks with the unions * * * ˈbargaining power… …   Useful english dictionary

  • bargaining power — total advantages which one can offer in a negotiation …   English contemporary dictionary

  • bargaining power — / bɑ:gɪnɪŋ ˌpaυə/ noun the strength of one person or group when discussing prices or wage settlements …   Marketing dictionary in english

  • bargaining power — / bɑ:gɪnɪŋ ˌpaυə/ noun the strength of one person or group when discussing prices or wage settlements …   Dictionary of banking and finance

  • power — pow·er n 1: capability of acting or of producing an effect parties of unequal bargaining power 2 a: authority or capacity to act that is delegated by law or constitution often used in pl. commerce power often cap C&P: the power delegated to… …   Law dictionary

  • power — ▪ I. power pow‧er 1 [ˈpaʊə ǁ paʊr] noun 1. [uncountable] the ability or right to control people, organizations, events etc: • I m against giving too much power to one man. power over • Congress s power over federal spending • He plans to resign …   Financial and business terms

  • power — pow|er1 W1S1 [ˈpauə US paur] n ▬▬▬▬▬▬▬ 1¦(control)¦ 2¦(government)¦ 3¦(influence)¦ 4¦(right/authority)¦ 5¦(ability)¦ 6¦(energy)¦ 7 earning/purchasing/bargaining etc power 8¦(strength)¦ 9¦(electricity)¦ 10 air/sea p …   Dictionary of contemporary English

  • bargaining — bar|gain|ing [ˈba:gənıŋ US ˈba:r ] n [U] 1.) discussion in order to reach an agreement about a sale, contract etc = ↑negotiation wage/pay bargaining ▪ The government would not intervene in private sector wage bargaining. ▪ The 4% pay raise was… …   Dictionary of contemporary English

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”