bargaining power
English edit
Noun edit
bargaining power (countable and uncountable, plural bargaining powers)
- (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.
- (business) The amount of leverage or influence that a bargainer has in the course of a negotiation.
Translations edit
Translations
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